Latest news for Defaqto 
Majority of IFAs prefer for their platform provider to be independently run(24/09/2010)
According to a study carried out by independent financial research company Defaqto, 59% of advisers have a preference for their platform provider to be independent. Fraser Donaldson, author of a platform guide and Defaqto Insight Analyst for Funds, said: "The majority of advisers showed a clear preference for their platform provider to be independently run. Given that many advisers have been largely dependent for their livelihood on the produc... [more]
Free guide to Self Invested Personal Pensions from Defaqto(23/08/2010)
Defaqto has published a free guide to Self Invested Personal Pensions (SIPPs), which is designed to help intermediaries research them and gives guidance on factors that should be considered. David Abbis, author of the SIPPs guide and Insight Analyst for Wealth Management at Defaqto, said: “It is now 21 years since SIPPs were introduced and over that time more than 500,000 plans have been written. Over the years, investment options have develop... [more]
Absolute return funds continue to be a popular option for investors(09/08/2010)
According to a study by Defaqto, absolute return funds continue to be a popular option for investors, with a surge of sales over the past two years. Absolute return funds accounted for 7.1% of gross sales of funds in the UK in April 2010, which is a considerable jump from 2.7% in April 2009 and just 1.7% in April 2008. Fraser Donaldson, author of the guide and Defaqto’s Insight Analyst for Funds, said: “Absolute return funds have been thought ... [more]
Big increase in the number of packaged current accounts(16/06/2010)
There are now 64 packaged current accounts available compared to 61 standard current accounts. The number of packaged current accounts available has grown by 94% over the last four years during which time the average monthly fee has increased by 42%. Additionally the number of packaged current accounts available now exceeds the number of standard current accounts for the first time. Currently, the five most frequently offered benefits on pack... [more]
Some credit interest rates surpass those available from savings accounts(14/05/2010)
Defaqto believes that now could be the time to switch by taking advantage of introductory offers which currently include some credit interest rates that surpass those available from savings accounts. Only 6% of adults change their current account each year and many have a concern that the switchover will ‘mess up’ direct debits or go awry in some other way. David Black, Banking Specialist at Defaqto said: “Consumers should look at their cu... [more]
Sainsbury's Finance's Online Saver pays rate of 3 percent Gross AER(17/09/2009)
New research commissioned by Sainsbury’s Finance reveals that only 3% of instant access and notice accounts pay 3.0% Gross AER or more on balances of £1,000. Furthermore, only 21.4% of these top paying accounts offer interest on a monthly and annual basis. Sainsbury’s Finance has announced the launch of a new online savings account paying an attractive rate of 3.0% Gross AER (variable). The new account, called Online Saver, can be opened and m... [more]
Other alternative investment news
