Introduction of a New Feature on Trustfolio’s Debt Adviser Support Portal

The latest addition to the Trustfolio platform, known as the Debt Adviser Support Portal, now offers advisers instant access to bank transaction data in an income and expenditure-friendly format. This feature is designed to align with the Standard Financial Statement, complementing the client credit reports already available through the portal from multiple Credit Reference Agencies.

This updated platform was developed by a team experienced in debt advice and the broader credit sector, focusing on leveraging technology to support advisers while maintaining a personal touch. The new feature is expected to provide an even more comprehensive view of a client’s financial situation within minutes, significantly reducing the time it takes to gather necessary information that would otherwise take weeks.

Backed by AdviceUK, a network for independent advice organizations used by over 160 agencies and 850 individual advisers, Trustfolio has a proven track record of enhancing client engagement and outcomes. The team believes that technology should complement, rather than replace, the existing advisory relationship.

Trustfolio’s Chief Operating Officer (COO) highlights that this new feature is part of their ongoing commitment to making the Debt Adviser Support Portal a one-stop financial statement tool. This initiative aims to transform debt advice delivery, benefiting all involved parties by streamlining processes and ensuring more efficient support for clients.

As debt advice sessions become increasingly complex due to growing demand, Trustfolio aims to help advisers focus on what truly matters—supporting individuals in financial difficulty—by removing the administrative burden of data collection. In addition, another new feature will soon be rolled out, allowing advisors to refer clients to a panel of selected debt solutions providers.