Fundsdirect to launch Chartwell's new SIPP

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Chartwell Group has chosen Fundsdirect Ltd as the wrap provider to launch its new Investor Centre platform.

The selection of Fundsdirect, which produces the Ascentric platform, sees Chartwell enter the wrap platform market for the first time. Chartwell will use Fundsdirect's wrap platform to power and launch its "Investor Centre" proposition to serve both its Advisory and Direct investment broking businesses. Chartwell expects to migrate most of its clients over to the respective platforms within the next 3-5 years. Director Rob Hudson says the choice of platform is fundamental to their plans moving forward. "Given that we will be significantly expanding our range of services across Dire...

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