M&G signs distribution partnership with Fintel 

More than 20 partners also registered

Julia Bahr
clock • 2 min read

Fintel, parent company of SimplyBiz and Defaqto, has revealed M&G as the latest signing to its managed distribution service (MDS). 

The agreement will cover M&G's retail and savings business, primarily Pru UK, and M&G Investments. It is built to enhance the services delivered by SimplyBiz to its member firms, according to Fintel. More than 20 other businesses have now converted to the service, including investment providers Fidelity, Aviva, Just, Guardian, Schroders, BMO, Premier Miton, Carmignac and Tatton. Mortgage and protection versions of the MDS were also attracting significant traction, Fintel said. "The multi-year MDS aligns product providers' outreach to advisers, with insights from both Defaqto and Simpl...

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