News and Press Centre

10.05.2011 Freedom v11.1 launched

The key enhancements included;

Client Sub Folders - Freedom has always created a windows client folder every time a new client is added. Now you can create a list of default sub folders that will also be created and added within the client folder each time a new client is added.
Plan Folders - Freedom can now automatically create Plan folders within the individual client folder each time a new plan is added.
Funds Under Management Tracking - This feature has now been enhanced to show each individual advisers value as well as that of the firm.
Audit Trail - This can now be simply exported to Excel if required.
Dependents - The age of dependents now appears along with the DOB on the Fact Find along with space to record dependents notes.
Estate Planning & Other Advisers - This is a new section on the Fact Find which now shows a clients Accountant, Solicitor, Power of Attorney, Executor and Doctor along with EPA/LPA type granted and general will information including the main provisions and physical location.

15.01.2010 Freedom v7.3 launched

The key enhancements included;

Income and Expenditure Summary enhanced - This provided the ability to run the I & E Summary over any date range
HMT Sanctions List - Updated via our weekly data feed, the provides and ongoing check for both new and existing clients, complete with a printable report for compliance purposes.
Tax Free Savings - Tax Free Savings are now automatically segregated from general savings producing a Tax Free Savings Summary in both the Fact Find and Valuation reports.
Savings Rates - Added the ability to record individual Savings Interest Rates and Expiry Dates. Produced a sortable report to show what clients had what savings at what rates and when those rates expired.
Mortgage Rates Expiring A report containing all clients current Mortgages Rates and when those rates are due for expiry.

21.03.2009 Freedom v7.1 launched

This version incorporated Asset Allocation Modelling - “This will continue to help firms prove that as part of their review process they are both treating their customers fairly and providing added value and analysis to justify their ongoing income” Martin Andrews A free demonstration of this is available by clicking here.

20.10.2008 Freedom v7 launched

The key enhancements included;

Business Income Forecasting - How much revenue is your firm due to generate over a specified forecast period, from Premium Based Renewal commission, Fund Based commission and Regular/Retainer Fees?
Fund Performance Last week - A summary report showing how each fund you have clients invested in performed during the last week. A powerful tool in these turbulent times with the option to see which clients are invested along with the value of their holding.
4 New Client Charts - Asset Allocation and Risk Profile across a Client's Investments only or Pensions only. These will prove particularly useful where clients have a different risk strategy in their pensions to their investments.
RMAR - Updated to include the new clawed back commission question in section G applicable to returns after 1st October 2008.
Policies due to expire A list of all policies due to expire within a specified period.

26.06.2008 Article in FT Adviser - Profile Martin & Simon Andrews

View the article (opens the FT Adviser site)

22.05.2008 Article in FT Adviser - Fee Writer & Rate Setter

View the article (opens the FT Adviser site)

13.05.2008 Article in New Model Adviser - Fee Writer & Rate Setter

View the article (opens the Citywire website)

Fee Writer - provides a complete fee based package to IFAs from fee quotes, to customer agreements, to client explanatory documentation which describes the approach the firm takes to charging fees. Whether adopting a CAR model, or an hourly rate model or a fixed fee or monthly retainer model, Fee writer allows a firm to set certain parameters for their advisers but then allows each adviser to produce a standardised fee quote to each of the clients that they meet.

Rate Setter - takes various input information into account to arrive at minimum charge-out rates for each adviser and administrator within a firm. A firm can use this information to justify the fees they charge. This tool also allows a firm to put a remuneration package and fee charging rate together for a new potential adviser to aid in negotiations in terms of recruitment.

05.05.2008 2 new Fee writing tools launched

View the article (opens the FT Adviser site)

27.03.2008 Article in FT Adviser - Impact of RDR

13.02.2008 Freedom upgrade v6.3

The key enhancements included;

Fund and sector level mailing - enabling Advisers to produce reports and mailing lists for letters or emails to clients who are either in a specific fund or a general investment sector.
Product specific asset allocation and risk charts.
Added the ability to charge VAT on Fee Agreements and Invoices.

15.11.2007 Freedom upgrade v6.1

The key enhancements included;

Comparative Asset Performance Statistics - Chart and supporting data providing the comparative return between the FTSE100, Cash in the Bank and Residential Property over any specified period back to 1985 showing current value, growth and RPI adjusted figures.
Adviser Commission share - the ability to record Adviser commission percentages against individual Clients, Fees and New Business and produce Adviser statements for reconciliation

23.08.2007 Freedom upgrade v6

The key enhancements included;

Invoicing added the ability to raise an invoice from a Fee Agreement
Other Professional Advisers added the ability to record a client's Accountant, Solicitor, Doctor, Power of Attorney and Executor and generate letters to them.
RMAR added the option to set a product as fee based for the purposes of RMAR if it wasn't processed through a Fee Agreement on Freedom.
Bank reconciliation added the facility to fully reconcile the bank account.
Money Laundering added the ability to record Money laundering information and print a Money Laundering certificate.

07.06.2007 Article in FT Adviser - Launch of Freedom

View the article (opens the FT Adviser site)

01.06.2007 Freedom is launched commercially

Freedom was developed with 3 central goals in mind;

To be the easiest to use commercially available product of its kind
To be the most cost effective overall business management system
To provide flexible functionality rather the prescriptive rigidity