Focus Solutions, the leading provider of multi-channel distribution software to the global financial services industry is pleased to announce that it has achieved over 75, 5 and 4 star ratings out of a maximum of 114 areas where tools were offered, for its focus:360° product by F&TRC in their 2011 e-Excellence Financial Planning Tools study. The whole study provided measurement in 150 different areas.

Over 65% of Focus’ overall ratings in F&TRC’s recent study were in the 5 and 4 star category with particular strong scores in the At Retirement and Growing Pensions sections, both of which achieved in excess of 75% for the top two ratings. The study which covered tools across the areas of At Retirement, Growing Pensions, Investment and Protection, was an independent assessment by an adviser panel, co-ordinated by the F&TRC, based on how well the tools most closely matched distributors’ requirements.

Commenting on the results, Martin McKenna, Lead Business Consultant at Focus Solutions, said “We are delighted that focus:360° has continued to do well across all areas of this study and it is testament to our ongoing research and investment into the product.”

Ian McKenna, Director of the F&TRC added “The increased regulatory scrutiny under “Assessing Suitability” combined with the emergence of the multichannel environment being stimulated by RDR means that Financial Planning Tools will play an important role in the advice process. Advisers need to have a clear understanding of which financial software suppliers are able to achieve the highest standards. Our ratings are designed to assist with this process and the results achieved by Focus are commendable.”