Equiniti: Execution-only service will help IFAs service mass market

Equiniti hopes that IFAs will offer this execution-only service to clients who want to trade in a wider range of securities than their IFA's licence may allow. These securities might include single stocks, ETFs, guilds and bonds. IFAs that introduce the service to clients will receive an 'introducer fee'. The service will be made available via a website with an incorporated trading facility. The company created the technology in house and it has been in use for several years. For example Equiniti provides a white label service for Lloyds Bank customers and also services share de...