Friends Provident launches client data system

The system, through Plum Software, allows advisers to receive policy information directly into their back-office, eliminating the need to manually type the data. It also cuts paperwork and time. Advisers can also use the system to value multi-currency bonds. The service covers life and endowment contracts and bonds and pensions. Dave Mace, head of eBusiness for Friends Provident, says: “It does not make sense having one process to get valuations on bond and pensions business and another process for other unit-linked investment contracts.” Last month Friends Provident launched a system...