Ascentric and Prestwood data link
16 December 2011
Independent wrap Ascentric has integrated with Prestwood Professional back office software enabling Financial Planners to receive bulk valuations for all their Ascentric clients.
Prestwood Professional was created by Financial Planners for Financial Planners, and incorporates the leading cash flow modelling tool to help the client achieve their goals and objectives. Everything about a client’s assets, policies, investments and liabilities is recorded and then their future cash inflows and desired expenditure are projected, including accurate Income Tax, National Insurance and Inheritance Tax calculations. Obtaining real-time valuations and avoiding double entry of data means financial planners can focus on servicing their clients more efficiently.
Paul Etheridge, Chairman at Prestwood said “We are delighted to join with Ascentric. The link will provide significant benefits to advisers and will be especially valuable for those who are ‘raising their game’ to enjoy the benefits that will follow implementation of the RDR.”
Dominic Ventham, Head of Marketing at Ascentric said, “Integrating with one of the leading financial planning adviser tools will enable advisers to have up to date client records and a consolidated view of their client’s holdings when planning. This will be a valuable addition to the Ascentric proposition extending the range of planning tools on the platform.”
-ENDS-
For further information, please contact:
Ascentric
Dominic Ventham, Head of Marketing
Tel: 01225 787208, Mobile 07590 227039
Email: dominic.ventham@ascentric.co.uk
Issued by Concise Public Relations
Tel 0207 100 3960
Martin Wood
Mobile: 07946 527240, Email: martin@concisepr.com
Notes to Editors
Ascentric and Fundsdirect are the trading names of Investment Funds Direct Limited (IFDL).
Investment Funds Direct Limited was founded in 1982, and Fundsdirect launched as the UK’s first online fund supermarket in December 1999. Since that time, the company has built on their reputation as a leading UK fund supermarket to provide Independent Financial Advisers (IFAs) with a Wrap platform under the brand name of Ascentric.
Ascentric is a Wrap platform, available exclusively to IFAs and offers a fully integrated online investment management and dealing platform. It also enables IFAs to transfer their clients’ assets onto a single platform to provide them with the ability to manage their client’s financial needs in just one place.
In October 2007, a majority holding of Investment Funds Direct Group Limited was acquired by Royal London Group.
For further information about Ascentric and Fundsdirect, please visit either www.ascentric.co.uk or www.fundsdirect.co.uk
Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
• Scottish Life – UK pensions market
• Bright Grey – UK protection market
• Scottish Provident – UK protection market
• Caledonian Life – ROI protection market
• Royal London 360° – offshore investment markets
• RLAM – fund management
• Royal London Plus – life and pensions administration
• Ascentric/IFDL – Wrap Platform
• MoneyVista – online financial planning service for consumers
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £44.2 billion. Group businesses serve around 4 million customers and employ 2,950 people. Figures quoted are as at 30 September 2011.
Prestwood Software Ltd was founded in 1984 to provide top of the range software for Financial Planners and to help them develop successful businesses. The software enables Planners to give clients answers to the questions that matter most. Questions like...
• “How much do I need to earn, save or sell my business for to give me what I
want out of life?”
• “When, precisely, can I afford to stop doing the things I no longer enjoy… and
start doing the things I really enjoy?”
• “What do I have to do to ensure I NEVER run out of money?”
With Prestwood the client is the centre of attention, not their products or investments, and Planners and Clients work together to develop action plans for implementation. For more information please visit www.prestwood-group.co.uk