UK-based asset allocation investment service Dynamic Planner has partnered with Novia to support financial advisers.
The integration will allow IFAs to automate some tasks, such as manually entering clients’ holdings, and potentially lift administrative burdens from them.
Dynamic Planner said its partnership with the platform provider will help advice firms by:
- Enabling advisers to quickly value a client’s holdings: Isas, GIAs, offshore bonds and Sipps are covered by the service;
- Saving time obtaining and manually entering holdings;
- Ensuring client valuations are accurate and up to date, direct from source;
- Giving advisers access to Novia which is independent of any product providers and offers unfettered access to market leading technology solutions.
Efficiency is the word
James Smith, head of adviser services at Dynamic Planner, said: “Advisers are facing increasing demands from the regulator which must be followed to the letter, whilst at the same time they need to ensure their business stays efficient to ensure suitability for the future.
“This latest integration will help support advisers in saving time as well as ensuring all client data is accurate and up to date, and regulations are adhered to.
“Our partnership with Novia is the 22nd valuation integration partner for Dynamic Planner and follows the integration of Royal London and Vitality earlier this year.
“We will continue to look at future partnerships wherever we see a guarantee of the acceleration of efficiency for advice firms.”
