Adviserwise / Agency Services

Adviserwise is a unique, open, collaborative initiative set up to encourage the uptake of eServices across the financial services industry, by providing advice, support, training and information about the services that are available for financial advisers.

The initiative brings together a number of companies including the industry's leading product providers, portals and back office system suppliers. On behalf of these companies, this unique collaboration is managed by Origo, the industry's standards body for eCommerce.

The Adviserwise.com website provides advisers with access to a central information point where details of all the relevant eServices can be found at the click of a button. This information will enable advisers to implement and use services that will ultimately save them time, cut down on paper work and provide a faster and more efficient service to their clients.

New Agency Administration System for Financial Advisers

Following the success of the online Agency Registration service, an industry service launched by Origo in February last year, L&G and a consortium of product providers in partnership with Origo have enhanced this offering to cater for the administration of firms. The Agency Administration Service was launched on the 27 July 2009 and can be accessed on Origo’s Adviserwise website.

Agency Administration Service - What is it?

It is a major leap forward in processing agency requests, it will provide an on-line one-stop shop enabling advisers to create and submit request to for changes to;

Address, Bank Accounts and Request for Additional Agencies, Request for Agency Closures, Maintain Service Provider and Panel Membership, Transfer of Business and Novations.

Requests for changes to agency arrangements can be made to multiple providers with one on-line form. The service will streamline the administration process and improve the often inconsistent, insecure and paper-based communications between distributor groups and product providers. The secure electronic service will reduce errors and the need chase requests and will provide confirmation that requests have been completed.

Questions

If you would like to find out more, visit Origo’s web site Adviserwise.