Keeping track of investments


A local firm of independent financial advisers is helping clients keep an eye on investments by using technology.

Neil Chamberlain
Neil Chamberlain

Following research carried out by Truro and Wadebridge-based Worldwide Financial Planning, the company is encouraging clients to use smartphones and tablets to keep an eye on their money.

The survey found that people didn’t find it easy to track investment performance or pension growth due to a number of reasons including a lack of time to meet an adviser, a lack of understanding of complicated paperwork and having pensions and savings scattered across various providers.

Worldwide’s director, Neil Chamberlain, said: “There are a number of reasons why people find it difficult to keep track of their investments and we worked with our clients to find out what they were, which allowed us to come up with an easy solution for them.

“We use a wrap platform to keep individual portfolios in one place so we can easily monitor clients’ pensions, ISAs and investments.

“Originally these systems were only available to IFAs, but now clients are able to access their accounts and track what is happening, so we’re encouraging our clients to get online.”

The new system will allow clients to view valuations online in seconds, as well as track investment reviews.

Chamberlain added: “This uses mobile web technology and is a good starting point for the industry.

“One of our visions for the future is to create our own Worldwide app that people can downloaded to their smartphone or tablet and will allow them to keep up-to-date at the touch of just one button, as well as have the latest news from the world of finance.”

Worldwide is also using the latest social media to share information on finance and investments after creating its own Flipboard magazine.

The platform has over 50 million users worldwide with around six billion page ‘flips’ per month.

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