Defaqto expands Data Engage

Defaqto Engage provides integrated product, platform and fund research and claims to include in excess of 2,700 life, pension and investment products across more than 100 product types.

The service will now include data on Short Term Income Protection, Mortgage Payment Protection Insurance and equity release products.

Defaqto has also introduced the Defaqto Star Ratings across products and platforms which, it says, provides an independent, unbiased mechanism for helping advisers instantly understand where a product or proposition sits in the market.

David Cartwright, head of insight at Defaqto, said: “Although critical, succeeding post-RDR means more than just being compliant – demonstrating client value and maximising face time with clients will also be key for advisers to thrive now that the RDR’s rules have come into effect.

“To succeed in these areas, access to the right research tools is going to be more important than ever.

“Solutions will need to provide access to comprehensive data and offer the functionality to enable advisers to thrive in the new advice era – ultimately, to support professional, efficient and compliant advice.

“Defaqto Engage does just that by uniquely integrating product, platform and fund data into one solution and meeting the needs of the full spectrum of advice models, across both independent and restricted propositions.”