Client investment value the focus of new Defaqto adviser tool

Consumer Duty compliance central to the development of new offering

Sahar Nazir
clock • 1 min read

A new planning tool aimed at financial advisers ensure their clients’ investments represent “good price and value has been launched by Defaqto.

The new product and planning switching tool is integrated into Defaqto's financial planning system, Engage, and will facilitate comparisons of multiple platforms, general investment accounts, ISAs, junior ISAs, and bond scenarios. It will aim to reduce the chances of input errors, expedite the research process, and generate compliant reports that can be included in the client's file for a transparent audit of the recommendation. For existing Engage users, Defaqto said it will offer 30 days of complimentary access to this resource, a group that comprises 30% of IFAs in the UK. Chief...

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