Defaqto has added ‘star’ transfer membership and accreditation ratings to its platform dataset to give advisers new visibility of transfer performance.
Star participation and accreditation status are now shown directly within Defaqto Engage for all platforms included in Defaqto's dataset. The firm said the enhancement improves due diligence while also encouraging providers to demonstrate their operational standards more transparently. With the aim to help advisers assess operational performance alongside product features, Defaqto Engage will also surface additional indicators, including online transfers facilitated, online transfers average time, digital Letters of Authority (LoA) capability, and digital LoAs average response times. ...
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