Dennehy Weller bemoans 'appalling' lack of IFA innovation

clock

The creator of a non-advised online fund selection tool for investors has called on more advisers to develop their own online technology.

Kent-based IFA Dennehy Weller soft-launched its Fund Expert website last month, in conjunction with Fidelity FundsNetwork. It uses a "basket" approach, allowing customers to add funds for purchase without being diverted to an additional site. But managing director Brian Dennehey said the industry as a whole is "appalling at innovation." "At the moment it's coming from the fairly small players," he said. "You've got a handful that are embarrassing the rest of the industry, and I'm including the fund managers in that." The non-advised site, which features a bi-annual 50 page analy...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tools

Consumer Duty-focused AI protection cross-sell tool debuts

Consumer Duty-focused AI protection cross-sell tool debuts

New product aiming to help firms with the protection gap

Ayesha Venkataraman
clock 26 October 2022 • 1 min read

Adam Higgs: The versatility of the best cashflow modelling tools

Software round-up

Adam Higgs
clock 23 July 2018 • 4 min read

FE launches risk-profiling tool for advisers

Uses FE risk score banding

Victoria McKeever
clock 03 October 2017 • 1 min read