Royal London's consumer website MoneyVista is in talks with networks to give block access to its services to help advisers better access the mass-market after the Retail Distribution Review (RDR).
MoneyVista is an online financial planning system which builds up an individual profile of users by plotting and forecasting investment growth. It said advisers were currently trialling the website's use in fact-finding with new clients and the next step in its monetisation would be to give network advisers access en mass for a licence fee. The site was originally subscription based but was made free after limited take up. MoneyVista head of conduct and product Teresa Fritz said the site gaining popularity with IFAs as it accessible for clients and far simpler and cheaper than others ...
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