Blog Feed Post

FE launches retail investment platform Trustnet Direct

Clear charging structure, price guarantee and easy-to-use platform helps bridge the advice gap

London, March 12th, 2014 - FE (Financial Express) has today launched Trustnet Direct (www.trustnetdirect.com), a direct to consumer investment guide and transactional platform that helps retail investors achieve their financial goals.

With the investment platform space becoming increasingly congested, Trustnet Direct will offer a simple pricing structure, along with a guarantee that platform fees will be fixed for at least three years. Furthermore, as one of the most trusted names in the Financial Services Industry, FE has designed the new service to allow all investors to benefit from their extensive financial planning and research tools, via an intuitive and user-friendly interface.

John Blowers, Head of Trustnet Direct, commented:
"DIY investing can be a daunting task and many investors who would have historically sought advice from an IFA in their local bank branch now find themselves on their own in the so-called advice gap. As a trusted provider of information to the financial services community for almost two decades, we've worked hard to order this information into format that is readily accessible by any retail investor.

"We're using FE's respected ratings and analytical data to help clients understand what they may wish to invest in, whilst keeping costs low."

By clearly signposting a range of common investment goals - such as retirement, paying off a mortgage early or saving for a child's education - investors can be guided towards the products that may best meet their needs. Trustnet Direct cuts through the jargon, making the concept of DIY investing accessible to all, not just the diligent investor who sees this more as a hobby than a chore.

John Blowers, added:
"It's clear investors are increasingly aware that low interest rates and a resurgent equity market means that their savings shouldn't simply be left on deposit. However, the fact that such a huge swathe of the population has been disenfranchised from investment advice in the wake of RDR shows there's a big, untapped market here.

"The industry is evolving to meet that need and we have seen a number of price changes in recent weeks as a consequence. We are providing the most transparent fee structure possible and underline our commitment to maintaining this, we will guarantee the platform fee until at least 2017."

Trustnet Direct offers a wide range of instruments to clients, with over 8,000 equities, funds, ETFs and investment trusts listed. Clients are able to select the products best suited to their needs, rather than being steered towards a pre-defined shortlist. Trustnet Direct also provides unparalleled clarity on fees, with a platform fee of 0.25% that is guaranteed not to rise, and a fixed charge of £10 per trade. Regular investors pay just £2 per trade.

The Platform fee is charged at a minimum of £5 per quarter and is capped at £50 per quarter. Trustnet Direct has guaranteed that the platform fee will not rise and may fall before 2017.

Trustnet Direct only offers clean share classes of funds (commission-free) and will convert investors holdings to these lower cost funds if they choose to transfer in from another provider.

About Trustnet Direct
Trustnet Direct is a retail investment platform from FE - the parent company of the popular Trustnet investment research website. It brings together extensive research tools that have long been available to the professional adviser community from FE with an intuitive, state of the art transactional interface. Users have access to over 8,000 managed funds, stocks, ETFs and Investment Trusts.

About Trustnet
Trustnet was launched in December 1995 to cater for both IFAs and private investors and became quickly established as one of the leading investment sites in the UK. It is renowned for its high quality investment information, data, features and news and is now used by most of the top investment advisers in the UK plus a significant proportion of Britain's savviest private investors. FE acquired Trustnet in 2001.

About FE
FE is a leader in the provision of investment data, software tools and performance analysis to the financial services industry. Formed in 1996, we are a private company with a strong international presence throughout Europe and Asia Pacific. FE has earned a reputation for excellence through years of experience in combining specialist skills in three key fields - data, software and investment knowledge.

Trustnet Direct is authorised and regulated by the FCA and its trading service are provided by IITL - a member of the London Stock Exchange - with clients covered by the Financial Services Compensation Scheme (FSCS).

Media contact:
Tony Cross
Monk Communications
Tel +44 (0) 7973 284 749

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, you'll learn about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how Docke...
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that ...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Successful transition from traditional IT to cloud computing requires three key ingredients: an IT architecture that allows companies to extend their internal best practices to the cloud, a cost point that allows economies of scale, and automated processes that manage risk exposure and maintain regulatory compliance with industry regulations (FFIEC, PCI-DSS, HIPAA, FISMA). The unique combination of VMware, the IBM Cloud, and Cloud Raxak, a 2016 Gartner Cool Vendor in IT Automation, provides a co...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...