Would IFAs be in a better advisory position if they had account aggregation facilities on their websites?
As a consumer, imagine being able to see up-to-date summaries of all your financial accounts via one web page, complete with suggestions of better value products or alternative ways of investing your money. This may sound like the account aggregation model currently offered by the likes of Moneysupermarket and First Direct, but what if the facility was offered by an IFA? Would this change the emphasis from being a tool of convenience to a financial portfolio that includes the security of being monitored by a financial adviser? According to Ewise, the technology company currently provi...
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