The Fusion Wealth Offshore Bond will permit financial advisers to manage their clients’ investments online, while at the same time enabling the clients to benefit from the bond’s tax-efficient structure, Royal London 360° said.
Clients also stand to benefit from Royal London 360°’s technical expertise, range of investment products, “international nature”, administrative and specialist technical resources, and an ability to manage multi currency and cash management, Fusion Wealth said in a statement.
Fusion Wealth, which went live in September 2011 and has its headquarters in West Sussex, employs its own properitry technology to enable it to integrate product illustrations, client relationship management software and investment management tasks in a single place.
The SEI system is one of the trading systems used by Fusion Wealth and is designed to enable a client company – such as an advisory firm – to custom-build its own portal and integrated client management system.
SEI is a NASDAQ-listed, US-based technology company specialising in investment processing and business outsourcing systems, which manages or administers $430bn (£306bn, €366bn) in mutual fund and pooled assets through its subsidiaries and partnerships.
Fusion Wealth CEO Ian Cooke said the new Fusion Wealth Offshore Bond “will be very hard to beat” on both the quality and cost to the end consumer.
The other platforms with which Royal London 360° is partnered are Nucleus, Novia, Sanlam and James Hay.