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Trustnet doubles number of advisers

The number of advisers using Trustnet has doubled in the last four years, according to a user survey on their website.
There have been nearly 4000 registrations to Trustnet Adviser since its launch in August. The free adviser-only service is aimed at helping intermediaries to research and select funds for client recommendations.
The survey also shows that 56 per cent of professional users of Trustnet are of an independent status.
Unit trusts and OEICs were the investments most used by advisers on Trustnet, followed by pension funds and life funds.
Financial Express head of marketing and communications Paul Wynne says: “The survey confirms that among adviser users, Trustnet is their primary source of fund research. They then use this knowledge to purchase investments directly form fund providers, reinforcing the importance of Trustnet as an independent source of information and as a conversion catalyst.”

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