NFU Mutual is to launch a basic platform to give advisers and direct clients access to external fund groups for the first time.
The life company plans to "gap-fill" areas where it does not have a fund with those from other managers, including the Asia Pacific, Global Bond and Smaller Companies sectors. It will also offer an online ISA wrapper, replacing the need to apply for products via post. "Our in-house funds will continue to be the cornerstone of our investment proposition," said investment marketing executive Chris Linpow. "But from research there is an expectation from customers to be able to access to external funds as well." "The platform is the mechanism to facilitate that where possible: it's not...
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