Technology

Legal & General is today rolling out a new version of its OLTA online protection facility, which allows firms to pre-populate data linked to IFA portals and complete a single application for multiple purchase of term and general insurance products.

IFAs expect to be transacting around £3.2bn worth of consumer business electronically by 2009, suggests the latest survey by the Exchange.

Canada Life has unveiled a new website to help IFAs manage group risk business presented to the life office.

IFAs are still struggling to complete straight-through processing of online new business applications as half of advisers end up having to intervene manually, suggests a new survey.

Marlborugh Stirling, which has been up for sale since December, may be talking to Unisys about selling its mortgage processing business.

The FSA has launched a new section on its website to keep financial services firms informed every month of progress on EU directives and attached regulatory changes.

Technology standards development firm Origo anticipates its future role will expand to become involved in the broader spectrum of financial services as a result of regulatory changes and the continued shift towards internet-based business processes.

Bristol-based law firm Clarke Wilmott has a launched a free website service which encourages financial firms to share regulatory feedback on attitudes and actions towards financial advertising.

National Savings & Invesments has started selling its flagship premium bonds online to holders of Switch/Maestro or Visa debit cards, some seven months after the move was first reported in IFAonline.

IFA Systems has expanded its web building service to offer intermediary firms a customised staff intranet system which specifically allows employees to access the system remotely.