View more on these topics

My Money Adviser to offer IFAs supermart valuations

My Money Adviser is teaming up with fund supermarket Cofunds to offer IFAs and their clients a single-page valuation service which is own-branded for the adviser.

MMA parent Quay Software Solutions is launching the service with its new client care suite software which aggregates data from Cofunds, giving clients online access to up-to-the-minute valuations of all of their investments held on the platform.

The system allows IFAs to give their clients details of the value of their fund supermarket holdings on the website, white-labelled in the IFA&#39s own branding.

IFAs&#39 clients will be able to use all the functions of the Cofunds platform while remaining on the IFA&#39s site.

Quay plans to extend the service to include daily prices on all life and pension products although this could be delayed by the number of operating systems being used by life offices.

Quay director Roland Rawicz-Szczerbo says: “The Client Care Suite is Quay Software&#39s first product that bundles together all our technology to bypass the need for manual input of fund data by IFAs and to distribute it from the desktop to the web.”

Financial Technology Research Centre director Ian McKenna says: “This is a step in the right direction and yet another reason for IFAs to put their money with fund supermarkets rather than fund managers.”


Simon Gentry

The ABI&#39s European sentry is finding his skills learnt as an anti-apartheid campaigner useful in trying to negotiate to find harmony between the EU and the UK insurance industry. As head of European affairs, Simon Gentry says his job is to manage a team that scans for EU developments affecting the UK insurance industry and […]

Net security fears deter advisers

Fears over internet security prevent 50 per cent of IFAs from carrying out more business online, according a survey by BT&#39s internet division BT Openworld. The research found that almost all IFAs use the internet in day-to-day business and use trading platforms but many are cautious about the increasing number of internet-based opportunities on the […]

Savills discount loan at 3.89% in Co-op deal

Savills Private Finance is offering a three-year discount mortgage at 3.89 per cent backed by Co-operative Bank. The mortgage gives an initial discount of 1.2 per cent off the Co-op&#39s current standard variable rate of 5.09 per cent. The loan has a number of flexible features, including the option to make overpayments of up to […]

Schroders moves into the hedge Fof sector

Schroders Private Bank is making its debut in the hedge fund of funds market with the launch of its alternative strategies fund diversified. Domiciled in Bermuda, the SASF diversified offshore fund will be a close-ended investment company investing in individual hedge funds and marketed directly to UK investors. The fund is the first launched since […]

'Feeling the Squeeze'

Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm