moneynet in the press

Professional Adviser – 1st March 2007

INDEPENDENT TRACKER SERVICE LAUNCHED

The service known as Moneyspider, is available via online data analyst Moneynet.co.uk. Visitors to Moneynet.co.uk can register for the service by clicking on the investing page of the personal finance comparison website.

Richard Brown, Moneynet’s chief executive, said millions of investors entrust their hard-earned savings to the UK’s established banks and building societies, but have no idea how well, or how poorly their cash is performing. Brown said: “ Now at no extra cost, we can help consumers take greater control of their investments – and ultimately bring them greater returns. Your bank may offer a great mortgage deal but fund management requires different skills. Of course, all investors will receive a regular report on the current value of their funds but this isn’t much use if there is nothing to compare it against.”