The is free to Financial Planners and helps them review their centralized investment proposition.

The new multi-asset range due diligence service has a library of over 100 questions focusing on the fund group and the fund itself.

These questions have been answered by 57 fund ranges, with another 20 to be added shortly.

The fund group questions cover governance and oversight, operational infrastructure and resilience, custody arrangements, business continuity and ESG.

The fund range questions look at details of the proposition, what assets are used, liquidity, fees, investment process and risk management.

Financial Planners can either use the question group sets provided or develop their own question set focusing on what is important to them and their clients.

Existing users will automatically gain access to the new multi-asset fund data alongside platform and DFM data.

The DDhub due diligence system was developed in 2015 by Defaqto founder David Lee and former high net worth adviser Chris Jones.

Mr Lee said: “This is another step in our journey to supply advisers with the information they need to meet the FCA’s due diligence expectations. There are lots of good research tools out there, but none which carry the depth of due diligence data the FCA expect advisers to look at, so we’re delighted to fill this critical gap.

“TR16/1 said they can’t rely on marketing information from providers, so we built a streamlined online system to help them, with scoring and reporting tools to evidence their compliance process. Advisers can also ‘follow’ providers to get automated updates when things change, which will help them meet their PROD monitoring requirements.”

DDhub was built to help advisers with their regulatory requirement to contact research and due diligence on the services and providers they recommend to clients.

It provides free due diligence information on discretionary managers, platforms and multi-asset funds.