Morgan Williams financial adviser Daniel Williams has been told his monthly payments to software provider Timeline App will increase by 779% from 1 October.
In an email sent by Timeline last week (27 August) and seen by Professional Adviser, Williams was informed that his monthly payment of £79 would increase to £695. The email said: "You currently have five advisers under your account. Therefore, when your account is upgraded, each individual account will be upgraded to the Enterprise plan and your monthly cost will be £695. "As you have more than 70 clients, we will automatically upgrade your account to the new Enterprise Plan." Timeline App allows advisers to stress test a client's retirement or investment plan against historic dat...
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