Praemium expects $2-million boost from BlackRock deal


Online financial portfolio administrator Praemium expects to net around $2 million annually from its purchase of BlackRock’s customised portfolio service (CPS) scheme. “Through this period, funds on .. Read More

Mercer launches Facebook advice service


Superannuation administration group Mercer has launched a new Facebook-based robo advice service that leverages artificial intelligence to calculate the amount of money users will have to retire on. The group sa.. Read More

Proactive approach key to avoid scandal


Financial services organisations need to get proactive about compliance in all aspects of their business in order to avoid future scandals and further public scrutiny, according to the Regtech Association. Julia.. Read More

AMP unveils goals-based engine


AMP has launched a new goals-based modelling engine that provides clients with a detailed picture of the impact different advice strategies will have on their long-term financial circumstances. The new engine, w.. Read More

Opinion – More regulatory change to come


When the new owner of Formula One recently announced substantial rule changes designed to level the playing field and reduce the cost of execution for teams, not everyone was happy about it. Ferrari, the most success.. Read More

Praemium inks deal with Perth advice group


Praemium has partnered with Perth-based advice and investment management firm Merchant Group in a move that will see advisers able to outsource all portfolio administration tasks to the managed accounts group. I.. Read More

New Nod offering slashes SOA production time


Fintech start-up Nod has relaunched as a software-as-a-service offering using artificial intelligence to significantly cut the amount of time it takes the average advice practice to produce a statement of advice (SOA.. Read More

Instos ignorant of data quality


Large financial institutions were still largely ignorant of the importance of data quality in preventing large-scale errors and client remediation programs, according to QMV Solutions. Addressing a media lunch i.. Read More

Advisers flock to independents for choice


Advisers would increasingly turn to privately owned dealer groups for flexibility and choice in the coming year, forcing institutional advice networks to up their game by opening up approved product lists (APL) to ou.. Read More

Make use of tools for digital engagement


Advisers could make use of a variety of free tools to better engage clients and prospects through digital and social media, according to a panel of experts. Addressing delegates at the FPA 2017 Congress in Hobar.. Read More

FPA urges fintech-driven efficiency


Financial planners need to make better use of fintech to improve efficiency when it comes to developing client strategies and statements of advice, with more than 100 technology solutions now available on the Austral.. Read More

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