T Bailey claims to be it is the first multi-manager to use RSS technology to provide IFAs with instant access to fund factsheets.
The service uses widely available Really Simple Syndication software to notify IFAs when a new factsheet is issued. It believes other fund groups should use RSS to improve their services to clients. IFAs who want to use the RSS service will need newsreader software which is freely available. Advisers subscribe to newsfeeds through the newsreader. Further details on accessing a news reader can be found on T Bailey’s website. Once the IFA has set up a news reader and subscribed to newsfeeds, they will have access to factsheets as they are uploaded on the firm’s website. T Bailey believes this will save IFAs time and allow them to keep up to date with fund performance without having to search for the information. Analyst Elliot Farley says: “We do not know of anybody else in the fund industry that is doing it. “It is one of those things that are useful to the end-user as it provides a very efficient way of accessing information. It is like a ticker – a headline comes up and clicking on that takes you straight to the factsheet.”Recommended
FSA fines Langtons IFA 63,000
The FSA has fined Langtons IFA Limited 63,000 for failing to properly apportion roles and responsibilities to its senior management, putting consumers at risk. The firm is also accused of not having systems in place to ensure its advisers were trained and competent.
FSA urges industry to prepare for bird flu
The FSA is to lead a six-week exercise to test the resilience of financial institutions in the event of an avian flu pandemic starting on October 13.In a speech to the Lord Mayor and assembled guests at Mansion House in London, FSA chairman Callum McCarthy said 60 organisations will be responding to a scenario that […]
Bolton says FSA will probe high proc fees
Edeus chief executive Michael Bolton says he expects the FSA to start querying high procuration fees and improve disclosure. DB Mortgages is offering up to 2.75 per cent for fully packaged business while Advantage is going up to 3 per cent, higher than other lenders such as BM Solutions and Edeus. Bolton says the FSA […]
Marching in Manchester
The Transport & General Workers Union, Amicus and Community joined forces outside the Labour conference in Manchester on Tuesday calling for 100 per cent restoration of the estimated 100,000 workers’ pensions’ lost when firms were wound up before the Pension Protection Fund was running.
Trusts: Easier than you think?
Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]
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Beaufort Investments appoints new CIO
Discretionary fund manager Beaufort Investment has promoted internally to fill the position of chief investment officer and has also appointed a new funds research executive. Beaufort Investment is part of the vertically integrated Beaufort Financial group. Head of portfolio construction Shane Balkham has been appointed as CIO and investment analyst Emma Clarke has been named […]

Profile: ‘We could be facing a constitutional crisis in the UK’ says Leodis chief
New Leodis Wealth chief executive on supporting clients through the chaos caused by the UK’s exit from the EU The long and tortuous road to Brexit has taken us from a political soap opera to what many regard as a tragedy over the past two-and-a-half years. Whatever drama is yet to unfold, the message that […]

Five minutes with…The Lang Cat’s Steve Nelson
Consulting director at The Lang Cat Steve Nelson talks making sure clients know what they’re buying and the joys of research ahead of his appearance at Money Marketing’s flagship conference. What one word or phrase do you think sums up the state of the financial planning profession today? I’m going to defer to our adviser […]
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