Financial research company Defaqto has launched an asset allocation service to help advisers speed u...
Financial research company Defaqto has launched an asset allocation service to help advisers speed up the advice process to customers. Aequos Engage provides advisers with detail on 5,350 products covering 69 sectors. The launch comes on the back of research undertaken by Defaqto showing two out of five adults did not understand financial products.
Neil Morgan, sales and marketing director at Defaqto, said: "We face problems when millions of people do not understand investments and the opportunities open to them. People do not need to become stock market experts but they ought to at least be able to find out how to invest and what the choices are."
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