Dynamic Planner has partnered with M&G Wealth to launch bulk valuation integration.
The firms said this integration will effectively speed up the advice process for advisers selecting funds and other investment options via the M&G Wealth platform.
It also avoids both the need to “rekey and risk of miscalibration”, and in line with consumer duty, provides the adviser with a more accurate data flow direct from the provider.
Yasmina Siadatan, sales and marketing director at Dynamic Planner, said: “Direct from provider data flows are critical for both speed and accuracy, but also a key consideration for consumer duty.
“We welcome our new partnership with M&G Wealth. Advice firms face a difficult time over the coming months as they work hard to get ready for new regulation."
Dynamic Planner has said that the partnership underlines its commitment to expanding its ecosystem of integrated partners so that advice firms can enjoy the full benefits of integration, especially at a time where everything is about to be seen through the lens of consumer duty.
Siadatan said that those at Dynamic Planner see their job as helping make this transition period easier.
“We are committed to continually broadening and deepening our ecosystem of integrated partners for the benefit of all our clients and look forward to working with M&G Wealth and our mutual customers over the coming months and years,” she concluded.
M&G Wealth Platform CEO, Rich Denning, added: “Consumer duty is without doubt so important for our industry and we want to be at the forefront of adviser support in every aspect.
“This integration and our ongoing partnership with Dynamic Planner will help our mutual clients clearly identify and deliver value to their customers whilst assisting them in achieving the outcomes they require.”
tom.dunstan@ft.com
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