IFAs can snoop on local rivals with new website

clock

An IFA comparison website giving advisers detailed data on other firms in their area - including client profiles and charging structures - has launched.

Developed by Glasgow-based software company WorkLoad, MyTouchstone claims to be a unique website helping advisers keep tabs on other local firms to see how they are preparing for the RDR. The website, which is free for advisers, examines how the move away from commission will impact IFAs and allows users to view adviser charges in their postal area. Key features include information on the number of firms closing, merging and starting up in the area, how many IFAs are upsizing or downsizing and the amount clients invest. Furthermore, it provides data on the areas in which clients l...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read
Wealthtime swings to £10m loss after setting aside £7.5m for legacy asset complaints

Wealthtime swings to £10m loss after setting aside £7.5m for legacy asset complaints

Platform firm moves forward with Wipro-led transformation despite fall in profitability

Sahar Nazir
clock 10 July 2025 • 2 min read
PA Awards 2026: Entries for all categories now open!

PA Awards 2026: Entries for all categories now open!

Our 21st anniversary awards will be held in London next March

Professional Adviser
clock 09 July 2025 • 1 min read