Client investment value the focus of new Defaqto adviser tool

Consumer Duty compliance central to the development of new offering

Sahar Nazir
clock • 1 min read

A new planning tool aimed at financial advisers ensure their clients’ investments represent “good price and value has been launched by Defaqto.

The new product and planning switching tool is integrated into Defaqto's financial planning system, Engage, and will facilitate comparisons of multiple platforms, general investment accounts, ISAs, junior ISAs, and bond scenarios. It will aim to reduce the chances of input errors, expedite the research process, and generate compliant reports that can be included in the client's file for a transparent audit of the recommendation. For existing Engage users, Defaqto said it will offer 30 days of complimentary access to this resource, a group that comprises 30% of IFAs in the UK. Chief...

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 Your profession

UK inflation drops to 2.6% in March amid warnings of further price rises

UK inflation drops to 2.6% in March amid warnings of further price rises

Down two percentage points

Sorin Dojan
clock 16 April 2025 • 2 min read
Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

‘Hyper-personalisation and fintech disruptors are reshaping financial advice’

Sneha Shah
clock 15 April 2025 • 3 min read
News editor's view: A week of acquisitions and consolidation

News editor's view: A week of acquisitions and consolidation

The news editor's Friday Night Takeaway from 11 April

Sahar Nazir
clock 14 April 2025 • 3 min read