IC Direct announces platform partner

FundsNetwork will be providing custody, dealing and administration services for the IC Direct platform, Martin Bamford’s latest venture.

IC Direct announces platform partner


The deal will enable IC Direct customers to access a wide range of funds, ISAs and product wrappers, on a non-advised basis.

The IC Direct platform has been developed by Informed Choice. It is aimed at self-directed investors and will enable them to access a range of Informed Choice research reports and fund information. It will also have a social element, with investors being encouraged to share information.

FundsNetwork administers £40bn in assets, and offers access to over 1400 funds. It also offers portfolio analysis tools, business-to-business reports and back office integration services.

Paul Richards, head of sales at FundsNetwork said: “We see considerable growth opportunities in the non-advised market, as intermediaries look to offer new and innovative solutions or self-directed investors."




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