InvestmentLink has signed Challenger Financial Services up to a service which distributes client account information to financial planners which use its funds.

Challenger joins Perpetual, NetWealth and ING as a wealth management provider which uses the InvestmentLink e-Portfolio data service to keep planners abreast of their clients’ account activity. The service is compatible with all the major planner desktop programs and currently distributes data to 10,000 advisers in 80 licensee groups including Count Wealth, AMP, NAB and ING. Challenger’s general manager administration and operations, Hayden King, said: “This agreement enables us to provide timely and accurate data to all our clients without the need to build, maintain and support data interfaces to desktop systems directly. InvestmentLink does that job for us, and we can concentrate on our core business.”