You are here:   market sectors » major distributors

major distributors

Following the latest regulation from the FSA, distributors will be required to increase their level of professionalism by moving to a fee-based system, away from commission led practices, which will require changes to their financial planning software. In addition as part of the RDR distributors will also need to increase their level of qualifications. This changing landscape means that distributors will need to revisit their business models and provide a clear indication of their service offering.

In light of these industry factors you could be facing issues such as how to:

  • transition to a fee-based model
  • provide a consistent, compliant quality service regardless of adviser
  • scale advice services and increase time spent with clients without increasing administrative overheads
  • meet new training and competency standards
  • provide advice relating to financial goals for longer term client management
  • integrate financial planning software  with existing back-office infrastructure

how Focus can help?

Focus has a range of products and services to assist you with meeting these challenges, dependent upon your chosen business model including:

focus:360° wealth management - can help you build, develop and retain your client base by providing  holistic financial planning software to deliver outstanding customer service and minimise administrative processes.

focus:360° life & pension distribution - can assist IFAs, single or multi-tied distributors with implementing an end to end solution that reduces the administrative and IT burden whilst providing a high quality, consistent advice service. 

 

focus:360° mortgage distribution - can assist mortgage networks, building societies, banks and estate agents with implementing an end to end mortgage sales process that eliminates administrative burden whilst ensuring compliance.

TestMeOnline - an innovative online testing solution for the retail financial services market. It provides firms with the ability to test competence through automated processes, robust testing procedures and built in audit.

 

Consultancy and training & competency services – a selection of services from Focus and The Coaching Platform to help you align your skills and qualifications to the RDR.