OMW promises advisers 'richer proposition' following platform tech switch

Switched from IFDS to FNZ

Hannah Godfrey
clock • 2 min read

Old Mutual Wealth (OMW) has promised advisers more features and better functionality at less risk following its platform's switch from IFDS to FNZ.

The provider said the FNZ platform would offer advisers a "plethora" of other features and functions, such as access to ETFs, investment trusts, junior ISAs, and cash accounts. Chief executive Paul Feeney (pictured) said: "[FNZ has] a much richer proposition for advisers and a far lower risk to delivery, at the same time our advisers still keep the advantages of all the other stuff that we provide - our customer service, our financial adviser support, our tools, our front end functionality, our wrappers, all remain. They keep all that and they get extra, quicker service and for lower ris...

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 Companies

Five more advisory firms join Quilter's network

Five more advisory firms join Quilter's network

Quilter Financial Planning expands with a clutch of AR firm appointments

Jenna Brown
clock 05 December 2024 • 1 min read
AJ Bell launches £30m share buyback scheme as revenue surges 23%

AJ Bell launches £30m share buyback scheme as revenue surges 23%

'Record' AUA of £86.5bn, up £15.6bn from 2023

Eve Maddock-Jones
clock 05 December 2024 • 2 min read
Digital wealth manager Moneyfarm acquires investment firm Willis Owen

Digital wealth manager Moneyfarm acquires investment firm Willis Owen

Brings group total assets to more than £5bn

Isabel Baxter
clock 05 December 2024 • 1 min read