Decimal Partners with leading ASX 200 Consumer Brand
Decimal has entered into a Memorandum of Understanding (MOU) with leading ASX 200 consumer brand with a reach of some 10 million consumers across multiple channels and demographics Represents the first application of Decimal’s technology platform to offer online consumer driven robo-advice to the mass market via a consumer brand Leverages the Decimal patent using
August 06, 2015
OpenMarkets launches Chi-X trading to cut costs and improve execution for professional and institutional investors
Australia’s fastest-growing stockbroker OpenMarkets Australia Limited has taken another step towards becoming the broker of choice for professional traders and institutional investors with the addition of the Chi-X Australia trading venue. OpenMarkets, currently ranked in Australia’s top 15 brokers by trading volume – with a total monthly turnover of $2.5 billion in July – sees
August 06, 2015
Midwinter partners with State Super Financial Services
Financial planning software company, Midwinter has today announced the release of its cloud based advice solution – AdviceOS, to State Super Financial Services (SSFS). SSFS has deployed Midwinter’s flagship software offering across its entire adviser network nationwide, with the initial phase of the implementation now successfully completed. SSFS established the Future Operation Model Project with
August 06, 2015
Rice Warner: Bricks and mortar underpin Australia’s concentrated private wealth
As the largely retail members of the Australian financial services industry convene on the Gold Coast today for the annual Financial Services Council conference, some reasoned perspective should perhaps be given to the relative balance of wealth held privately by Australians. In strategic terms Australia’s wealth management and superannuation sectors are a significant and vital
August 05, 2015
AdviserLogic upgrades RiskLogic
AdviserLogic has launched an upgrade of RiskLogic, its life insurance quoting and comparison module, with a fresh and modern user interface redesign and new data provided by Rice Warner. Two key enhancements are the inclusion of legacy product research as well as quoting and research on more than 1,200 insurance products in the group, platform
August 05, 2015
FIIG Securities launches Australian-first managed accounts service for bonds
Fixed income broker FIIG Securities has launched a managed accounts service for bonds, allowing investors to combine direct bond ownership with the expert oversight of a fund manager for the first time. FIIG CEO Mark Paton said the new Managed Income Portfolio Service or “MIPS”, would appeal to all investors but especially private investors, financial
August 05, 2015
SSFS puts finishing touches on $50 million financial planning overhaul to enter ‘digital era’
State Super Financial Services (SSFS) is putting the finishing touches on a $50 million overhaul of its processes and systems in a move it says will significantly enhance the delivery of advice through its 160 financial planners across the country and enable it to begin looking outside its traditional NSW public sector client base. SSFS
August 04, 2015
Rice Warner releases Personal Investments Market Projections Report 2014
Rice Warner has released its much anticipated Personal Investments Market Projections Report. This report analyses the market of personal investments in Australia as at 30 June 2014 and provides a projection of the market for the next 15 years. Did you know ? The personal investments market is expected to grow at a rate of
August 04, 2015
Changes to terminal medical condition definition provide more flexibility for SMSF members
Before 2008, having a terminal medical condition was not a “condition of release” for superannuation. Under the early-release provisions that existed before then, a terminally ill member who had not ceased work was restricted in terms of the amount of the benefit that he or she could access. However, all that changed in 2008. Since
August 04, 2015
MDA interest sees record deals for MGP
Listed managed discretionary account operator, Managed Account Holdings Limited (MGP) has highlighted interest from advisory firms was continuing to grow evidenced by ten new financial advisory firms having signed an agreement in the 2015 financial year to implement an MDA Service. In MGP’s latest market update, the group announced it had signed contracts with ten
August 04, 2015
Clients opt-in online with Infocus
Infocus Wealth Management Ltd today announced the launch of online Opt-In issue and approval functionality for clients. With the recent release of ASIC’s updated Regulatory Guide 221 on Disclosure, advisers who issue Opt-In statements via Infocus’ proprietary CRM software PlatformPlus can now have their clients view and approve these online via Infocus’ online client engagement
August 04, 2015
