Fundsdirect has extended its Ascentric Wrap service to the whole IFA market, following its launch last August to the company's original seven founding IFAs.
Fundsdirect says the founding IFAs have fully tested the platform and the feedback has proved it is robust and has resulted in additional improvements to the service. It claims the main benefits of the wrap service are: Independence from any product provider or fund manager; Access to third party sipps and offshore bonds; White labelling to enable IFAs to put their own brand on the service; Competitive charges; A flexible remuneration menu; IFA ownership participation through a share option scheme; and Free access to Morningstar tools. The platform can deal in financial ...
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