Advice Revolution reduces cost of advice and accelerates digital adoption by providing a free fact find

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The Royal commission has doubled the cost of advice for many practices. Fact finding with clients is the most time consuming part of the advice process. Advice Revolution is offsetting this impact by reducing the time to deliver advice via its digital fact finding solutions. Adviser users of the platform are seeing an improvement in... Read more continue reading

Digital advice the key to Australia’s financial future

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Technology is poised to play a crucial role in helping more Australians access effective, safe and affordable financial advice, at a time when the number of advisers is declining, says Mike Giles, co-founder and CEO of Ignition Advice. “There is increasing appreciation that technology can be an extremely valuable tool in the financial advice industry. ... Read more continue reading

Heffron takes a unique approach to SMSF pension documentation

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Accountants and advisers now have access to a unique industry tool dedicated to delivering pension documentation, with the launch of Heffron’s new Pension Pack. Working as part of Heffron’s Super Toolkit, the Pension Pack tool is designed to help accountants and advisers deliver pension documentation for their SMSF clients that is both fully compliant and... Read more continue reading

Australian fund managers give green light to Calastone’s new distribution data solution

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Calastone, the largest global funds network, is rolling out its new Wrap Reporting service, enabling fund managers to receive fast and standardised adviser directed fund flow data from platforms via its secure network. Calastone actively worked with the Australian arm of global fund manager Dimensional Fund Advisors and other fund managers to create a reporting... Read more continue reading

Roar Software patents Highlighter

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Roar Software has patented its Highlighter tool, giving Australian financial advisers the power to develop their current productivity processes in Excel into fully functional software application ready for a SaaS model and removing the traditional time and cost barriers when developing software for businesses. Highlighter converts spreadsheet information from Excel into an App facilitating the... Read more continue reading

Heffron launches free online wizard to help calculate personal transfer balance cap

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Accountants and advisers can now calculate their client’s new personal transfer balance cap, with the launch of Heffron’s new calculator, free in their online portal. The calculator has been developed to tackle the upcoming transfer balance cap increase on 1 July 2021, which is the first increase since the cap was introduced on 1 July,... Read more continue reading

Platforms fast-track digitalisation of key processes to support financial advisers in a socially distanced world

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Leading research firm Investment Trends has launched its 2020 Platform Benchmarking & Competitive Analysis Report, an in-depth study of investment platforms used by Australia’s financial advisers and their clients. Digitalisation of key processes was a key focus area for platforms, according to the latest report now in its 17th year. The Report found that platforms... Read more continue reading

Vanguard CEO Tim Buckley encourages Australian advisers to embrace technology in an increasingly digital world

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Vanguard Australia has hosted its annual adviser roadshow virtually, featuring Global CEO Tim Buckley, Asia-Pacific Chief Economist Qian Wang and Senior Economist Alexis Gray. This year’s theme ‘Forward’ heralds Vanguard’s commitment to supporting advisers manage client relationships and build their businesses in a world that is increasingly digitally enabled. Speaking to nearly one thousand financial... Read more continue reading

Rest Super selects Charles River IMS to streamline front and middle office operations

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Charles River Development, a State Street company, has announced that Retail Employees Superannuation Trust (Rest), one of Australia’s largest industry superannuation funds with approximately 1.8 million members, has selected the cloud-based Charles River Investment Management Solution (Charles River IMS) to consolidate their front and middle office operations for managing asset allocation, global equities, fixed income,... Read more continue reading

CPD: The Pandemic accelerant – digital age business strategies

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The following article is an excerpt from a white paper written by two investment experts from Epoch Investment Partners: William W. Priest, CFA — Executive Chairman, Co-CIO and Portfolio Manager Kevin Hebner, PhD — Managing Director, Global Investment Strategist. This is the second part of a series examining the impacts of COVID-19 and how this... Read more continue reading