View more on these topics

Selestia looking to move IFA information services online

Fund supermarket Selestia is looking to move much of its IFA information services online in a bid to provide faster turn-round for advisers.

The firm has already begun phasing out paper-based commission statements and is looking to move valuations and illustrations wholly online by the end of this year.

Selestia director Bill Vasilieff says the move is focused on providing greater accuracy and better service, partially in response to IFA requests. He says paper systems are problematic, with instances of commission statements getting lost or misplaced.

Selestia is redesigning its illustrations for the web and looking at making the online version as easy to use as possible.

Vasilieff believes the web solution will be more efficient for IFAs and says he aims to break industry habits to provide an easier way of working.

He says: “We have always had online functionality but have given advisers the option of doing the whole process on paper but we have now started to remove the paper option.

“The industry sends out a huge amount of paper and a lot of it is just thrown away. You cannot lose it if it is on the web.”


100 days after Miles, Nationwide presses lenders to open up range

Nationwide is urging lenders to embrace one of the Miles&#39 report&#39s key recommendations and make their full range of products available to all their customers. This week marked 100 days since the publication of Professor David Miles&#39 report on the UK mortgage market and Nationwide claims neither the Treasury nor the industry has yet acted […]

New system for IFAs from 1st Software

1st Software is launching a new version of its Adviser Office system that includes integrated services with Scottish Mutual, the Sipp Centre, Morgan Stanley Quilter and Cofunds. The Adviser Office : Intelligent Workflow system includes new tools to help standardise business processes and has financial planning functions using Tillinghast-Towers Perrin stochastic modelling techniques. 1st Software […]

SG Asset Management – SG UK Smaller Companies

Type: Oeic Aim: Growth by investing in quoted smaller companies in the UK Minimum investment: Lump sum £1,000, monthly £50 Investment split: 100% in quoted UK smaller companies Isa link: Yes Pep transfers:Yes Charges:Initial 5.25%, annual 1.5% Commission: Initial 3%, renewal 0.5% Tel: 0808 100 4432

Isis Asset Management – Isis Property Trust 2

Type: Closed-ended investment company Aim: Income and growth by investing in UK office, retail and industrial properties Minimum investment: Subject to negotiation with stockbroker Investment split: 43% retail, 34% industrial, 23% offices Place of registration: Guernsey Yield: 6.75% Charges: Annual 0.85% Commission: Subject to negotiation Tel: 0845 850 1515

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


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