View more on these topics

Plum adds two more links to its software

Plum Software, has added two links to its software. Legal & General and Transact are the latest links to go live with a further six provider links expected go live soon.

By linking directly to providers’ extranets and other financial services, advisers and brokers using Plum Software can obtain the latest fund information for all the linked providers with a single keystroke and upload it straight into their back office system.

The removes the need to enter fund names, unit allocation, price, value, maturity and surrender values reducing the potential for errors, saving time and money. It also means advisers can be confident that they are providing their client with the most current and accurate information. 60% of adviser calls to providers are to request valuation details, so the cost savings for advisers are significant.

As well as Legal & General and Transact Plum Software links to a further eight providers including: Abbey, Clerical Medical, Cofunds, Fidelity Funds Network, Friends Provident, Scottish Equitable, Skandia and Standard Life. Plum Software can also link to eMoneyfacts, the adviser portal.

Ann Dempster, founder and managing director of Plum Software, says: “We are continually developing our service and providing more links to extranets and portals has been a key goal of ours. We hope to add more in the coming months. Feedback from our users confirms that these links save them time and money, one of their hardest tasks was to identify which funds are being used. This removes the need to carry out previously admin-intensive tasks manually, allowing them to concentrate on their clients.”

Plum Software provides a front and back office solution to advisers and mortgage brokers to manage all their business needs through a single integrated system. It handles everything from managing the sales processes, completing administrative tasks, enabling compliance to analyse business needs. It is suitable for both commission and fee-based advisers.

Richard Gough of Castle Court Consulting says: “Plum Software’s system is straightforward to use. Being able to link directly to Providers is a major benefit as it means I no longer spend hours in phone queues obtaining the latest fund details and valuations and then having to re-key all the information. Any adviser not using this kind of software is definitely missing a trick.”

Recommended

Leeds introduces fee-free 10-year fixed rate mortgage

Fee-free version of best buy 10 year fixed rate mortgage Following the launch last week of its 10-year fixed rate mortgage at 4.69%, Leeds has introduced a fee-free version at 4.99%.It comes with a free valuation, a 10% capital repayments allowance each year and free legal services for remortgages.Karen Wint, head of marketing and PR […]

Price wins Standard Life competition

Della Price, mortgage advisor at Mortgage Advisory Service, has won dinner and a night away at Le Manoir aux QuatSaisons courtesy of Standard Life after winning its recent protection online competition.Price correctly answered three questions relating to Standard Lifes protection online system and was the first name out of over 2,000 entries to be drawn […]

First-time buyers sitting on 377m

First-time buyers should be selling up not packing up as research from The Co-operative Bank reveals they are sitting on a collective fortune of 377m in unwanted duplicate possessions.The research undertaken to mark the recent launch of the Banks first-time buyer mortgage service reveals that couples buying their first home together could add on average […]

Qatar cover image - thumbnail

White paper — Qatar International Insights

Jelf Employee Benefits highlights new legislation, key requirements and policy considerations when structuring international private medical insurance (IPMI) for expatriate employees in Qatar. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Qatar.

Newsletter

News and expert analysis straight to your inbox

Sign up