Financial Express has completed its purchase of the eValue business from Towers Watson, with all current management and employees moving across.
The new business will be called eValue FE and will integrate investor risk profiling, fund research, portfolio construction and portfolio review tools. It will also create a new attitude-to-risk questionnaire for advisers in February, taking into account issues identified by the FSA in its recent review of customer risk-profiling. Bruce Moss of eValue FE says: "By combining Financial Express' historic performance analysis and eValue's pre-eminent financial planning tools and stochastic modelling capabilities, we are allowing investors to plan their finances in a way which will optimi...
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