CashCalc acquisition 'logical' step that could 'cut cost of advice'

Bought by FE

Jenna Brown
clock • 3 min read

CashCalc’s acquisition by fund research operation FE fundinfo was a logical step and could help advisers cut costs in the long term, according to commentators.

The deal, announced on Thursday morning (13 May), saw the sale of the cashflow planning provider to FE for an undisclosed sum. FE said cashflow planning was a "natural extension" of the fund selection process, where it already provides advisers with products such as FE Analytics. CashCalc, it added, would continue to be on offer as a stand-alone product. Mike Barrett, consulting director at the lang cat, said the deal made an "awful lot of sense" and looked like a good outcome for all concerned, advisers and users included. Barrett said the consultancy's State of the Adviser Nation...

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 Technology

FCA and ICO to host roundtable on AI and tech

FCA and ICO to host roundtable on AI and tech

Data protection and Consumer Duty top regulatory constraints to AI deployment

Isabel Baxter
clock 11 March 2025 • 2 min read
Proactive risk management with AI: Spotting market shifts before they happen

Proactive risk management with AI: Spotting market shifts before they happen

Detecting early disruptions is key to mitigating potential risks

Tony Wilkinson
clock 05 March 2025 • 4 min read
Emotional support: Why AI cannot replace an adviser's crucial role

Emotional support: Why AI cannot replace an adviser's crucial role

'AI cannot give clients what they seem to value the most from a financial adviser'

Louis Williams
clock 03 March 2025 • 4 min read