Morningstar Connects Morningstar and OBSR Qualitative Fund Ratings to Unit Linked Life and Pension Fund Data in Flagship Advisor Product: Morningstar Adviser Workstation

19 October 2010

Morningstar has announced that Morningstar and OBSR qualitative fund ratings for open ended funds are now incorporated into the life and pensions fund database of its award-winning Adviser tool, Morningstar Adviser Workstation. The development brings additional transparency to financial advisers concerned with the research and recommendation of Unit Linked Life and Pension funds by providing direct access to Morningstar and OBSR analyst opinion on underlying investments.

Anastasia Georgiou, product manager of Morningstar Adviser Workstation comments:

“This is a big step forward for practice efficiencies. Advisers have always had access to our analyst fund research and ratings, but now they can go straight to those life and pension fund providers of interest and see where – and how – our analysts have rated a product’s underlying funds. Those advisers managing existing individual pension holdings on behalf of clients will see the benefits straight away, through the top down access now possible under the new research mapping system.”

Morningstar Adviser Workstation is the only UK adviser tool to directly connect qualitative fund research from both Morningstar and OBSR to a fund’s corresponding life and pension fund’s retail share class. The coverage extends to some 40 per cent of the UK’s primary life and pension funds universe as classified by the Association of British Insurers.

The Morningstar and OBSR qualitative rating of open ended investment funds held within wrapped life and pension funds does not infer any rating or opinion on the life and pension wrap provider. Morningstar Adviser Workstation was named Most Favoured Platform Users Planning Tool at the 2009 Logica UK Platform Awards and Best Online IFA Tool at the 2010 Professional Adviser Awards.

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