Evalue

maxsteam

dunstonh said:

In which case you better stop using Trustnet and FE and most of the platforms use FE for the data feed for unit pricing.

Trustnet Ltd use FE fundinfo Ltd for their ratings. FE fundinfo Ltd use EValue Ltd for a questionnaire. They are three different companies. It's laughable to imply that, because EValue Ltd provide a questionnaire for the company that provides the ratings for Trustnet Ltd that EValue Ltd are running the show.

I appreciate that every company values it's customers and many like to produce mission statements about how the customer is running the business. However it's no more true to say that EValue run Trustnet than it is to say that I run the supermarket where I last bought a loaf of bread.

Evalue Ltd is a subsidiary of a subsidiary of FE fundinfo Ltd.

thecleaner_2

FE fund info and trustnet are the same company.

ev used to have some link with FE, not sure about current status. In any case, a genuine company. I started working with them at least 10 years ago. Currently provide one of their platforms to pension scheme members to model retirement options

maxsteam

thecleaner_2 said:

FE fund info and trustnet are the same company.

One company is called FE fundinfo Limited, company number 03672592, the other company is called Trustnet Limited, company number 03821509. FE fundinfo Limited is a significant shareholder in Trustnet Limited. The three companies are certainly connected both in terms of commercial activities and in terms of shareholdings but it is incorrect to say that they are the same company or that Evalue Ltd are running things.

maxsteam

dunstonh said:

As they are not a regulated company but a software company, they don't have to comply with financial regulations.  And consumers do not work with them.    

I've recently been looking up the legislation on this particular issue for reasons unrelated to evalue. Every company should display its registered name, number and address on its website.

The Company, Limited Liability Partnership and Business (Names and Trading Disclosures) Regulations 2015 state the following:

Registered name to appear in communications

24.—(1) Every company shall disclose its registered name on—

(a)its business letters, notices and other official publications;

(g)all other forms of its business correspondence and documentation.

(2) Every company shall disclose its registered name on its websites.

Further particulars to appear in business letters, order forms and websites

25.—(1) Every company shall disclose the particulars set out in paragraph (2) on—

(a)its business letters;

(b)its order forms; and

(c)its websites.

(2) The particulars are—

(a)the part of the United Kingdom in which the company is registered;

(b)the company’s registered number;

(c)the address of the company’s registered office;

Offence

28.—(1) Where a company fails, without reasonable excuse, to comply with any requirement in regulations 20 to 27, an offence is committed by—

(a)the company; and

(b)every officer of the company who is in default.

(2) A person guilty of an offence under paragraph (1) is liable on summary conviction to—

(a)a fine not exceeding level 3 on the standard scale; and

(b)for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

https://www.legislation.gov.uk/uksi/2015/17/contents/made?regulation-3-3-c-ii&view=plain