Better Business: Defaqto Engage review

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AT8's Mark Loosmore assesses Defaqto Engage as part of his review of product and fund tools for advisers.

Defaqto is an established company that has been in operating since 1994. However, it went through a substantial change 3 years ago when it had a change of management and launched its core product Defaqto Engage. It now has 7,000 users from 3,500 firms and sees itself as the market leader. Part of Defaqto Engage’s appeal is undoubtedly its breadth of research.  As we had expected, it covers Life, Pensions and Investments, but it also covers banking products and they claim to be one of the only research tools to provide General Insurance comparisons at a Product level rather than price. Th...

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