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Calls for urgent reform of LoA process after report reveals wasted cost

A new report has estimated that £442m is wasted every year due to 'inefficient' Letters of Authority (LoA) processes. The #LogYourLoAPain Campaign revealed that altogether 3.9 million LoAs are sent every year, an average of 6.5 per financial adviser. Overall, 10% of these require wet signatures. According to the ....

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The Morning Briefing: Tenet appoints new CEO to replace Helen Ball; urgent reform of LoA process needed

Good morning and welcome to your Morning Briefing for Thursday 25 April 2024. To get this in your inbox every morning click here. Tenet appoints new CEO to replace Helen Ball Tenet Group has announced that after 13 years with the business, Helen Ball will be standing down as CEO. She will be succeeded by Stephen ....

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Poll: Will the LoA process ever be reformed?

Poll: Will the LoA process ever be reformed?
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Wealthtime adds Origo's Unipass LoA technology

Wealthtime has embedded Origo’s Unipass Letter of Authority (ULoA) technology as part of its ongoing digital-first efficiency drive. Origo’s ULoA portal is a flexible, secure, digital service that significantly increases the speed of sending and receiving Letters of Authority (LoA). The adviser-focused platform ....

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