Why select the Old Mutual Wealth online platform*?
We recognise that selecting the right platform for your business is important. You want to be confident that the platform you choose provides a high quality proposition that creates opportunities for advice, drives efficiencies through your business and promotes the right client outcome.
*Where we use the term ‘platform’ below, this means Old Mutual Wealth’s UK technology platform, which hosts collective investments and ISAs as well as bonds and pension products. The FCA’s platform rules will not apply to the bond and pension products.
Here are 12 ways that Old Mutual Wealth’s online platform can benefit you and your clients.
80% of the share classes we offer are the best value in the market
With fund costs usually accounting for more than 50% of an investment solution, using our platform can make a significant difference to what your client pays.
One simple, transparent charge
No charge for reregistration, withdrawals, or switching; so your client won’t have to worry about unexpected charges. The tiered charging structure reduces the charge level as assets grow and the addition of client linking can help reduce the charge even further.
Pre-funding of switches, investments and pension tax relief
We pre-fund all switches, investments and tax relief on pensions, ensuring your clients’ money is invested for the maximum possible time and transactions are completed more quickly than they would with other providers who don’t pre-fund them.
A leading range of products and trusts
From our Collective Retirement Account, the most versatile pension in the market with nine ways of withdrawing funds, to our Defaqto Five Star rated Onshore Bond; our products are designed with your clients’ needs at heart.
Market-leading financial planning tools
Risk-profiling, portfolio optimisation and asset allocation tools are fully integrated into the platform. Bringing efficiencies into your advice process and helping you with tax planning, ongoing suitability and client reporting.
Investment management features
Including bulk switching, phased investment and auto-rebalancing to make servicing your clients’ accounts easy.
A range of investment solutions to meet your clients’ needs
Whether you’re looking for freedom of choice or expert guidance, cost efficiency or flexibility, we offer funds or managed solutions that help you deliver great client outcomes.
Exclusive access to the wealthselect managed portfolio service
Reduce the risk and cost of running your own investment process by using our fully active discretionary service at no additional charge*, with quarterly client reports generated for you in our tool.
*VAT will be added to the Service Charge for ISA and Collective Investment Accounts that are utilising this service.
Efficient and easy straight-through online processing
Applications and transactions can be submitted in minutes, with any paperwork sent directly to our processing teams electronically using our unique PROMPT email tool – saving you and your business time.
Full online audit trail
Transactions and client documents are available at any time, with MI available through the data download option.
Defaqto has awarded us ‘Gold’ for both our pension and platform service. We also have the largest technical advice team in the UK market, helping you achieve the best possible outcomes for your clients.
We are continuing to invest heavily in our services and technology, ensuring that we can continue to deliver a first class service long into the future.
But don’t just take our word for it; we have been recognised by independent research and due diligence companies for our ability to deliver high quality services to our customers. In 2016 alone the platform received the top ratings attainable from Defaqto and Adviser Asset respectively, and we are continuing to invest in our platform, tools and support, ensuring it delivers a first class service long into the future.
When choosing the platform, we want to make carrying out due diligence on Old Mutual Wealth as easy as possible. To help you, our platform due diligence brochure is designed to give you the information you need to make an informed decision.
Further information is also available under our due diligence webpage.