Origo website
Workplace savings and pensions provider Scottish Widows has extended Origo’s Unipass Letter of Authority across its business to cut turnaround times and improve the quality of information.
The firm said the partnership will soon be extended to Origo’s suite of data services to provide advisers with a frictionless experience.
Origo’s Unipass Letter of Authority (ULoA) offers advisers a single method for sending all LoA requests to any UK platform and product provider.
It said the system serves as a one-stop-shop for advisers to access all of their LoA requests and information via one secure digital portal.
Recent enhancements include adding a checklist for advisers to upload specific data points they need, ensuring they obtain all the required information from providers to process requests smoothly.
Anthony Rafferty, CEO of fintech firm Origo, said: “Letters of Authority are a vital part of the Financial Planning process and, having developed our service based on direct feedback from advice firms, our ambition is to transform the LoA experience for advisers and their clients.”
He said the company is delivering connectivity for several pension providers and has further integrations underway.
Origo launched whole-of-market provider coverage for its Unipass Letter of Authority technology in May.
The service gives advisers a single method for sending all LoA requests to any UK platform and product provider for free. The company said the move was developed with feedback from the industry and is part of a series of upgrades to the service.
Ed Parker, head of adviser lab at Scottish Widows, said: “Our intent is to deliver Origo data services across Scottish Widows, removing friction from the way we share data with advisers to deliver a consistent and experience across our business.”