TOMORROW Super – Australia’s only digital-first managed account platform launches
Australia’s multibillion-dollar financial services industry is about to get an exciting new entrant, TOMORROW Super.
Nucleus Wealth the latest kid in the superannuation block
The universe of new-broom superannuation funds is expected to expand further in 2018 with Melbourne-based Nucleus Wealth among those expected to enter the increasingly crowded sector. Nucleus launched a tailored separately managed account service last July and, with $14 million under management, 140 clients on board and 1500 individuals in the process of signing up, hopes to introduce a super iteration of the service by July this year. In so doing Nucleus will join a growing list of young funds, such as Grow Super, Spaceship, Zuper, Human Super and Tomorrow Super, hoping to grab market share off the long-standing incumbents, which collectively control about $1.6 billion of retirement savings. Head […]
The shape of superannuation to come
The superannuation system has undergone sweeping changes in recent years and the dust has yet to settle. According to a finance software provider, tomorrow’s super system will look markedly different to the one we know today. In a recently released white paper, software company Bravura said Australia’s super system is likely to undergo a number of changes to meet the new regulatory environment and the advancement of modern technology. The role technology is slated to play in the delivery of superannuation services in coming years is likely to increase drastically, the company said. Super funds will be able to collect “unprecedented” amounts of data from their members and use this […]
Online investment platform OpenInvest secures major backing from Victorian family office, Tayside Group
Investment platform OpenInvest have announced it has attracted long-term financial backing and support from the Tayside Group.
Side Stage Ventures announces first close of $15m with new seed fund
The team behind Side Stage Ventures has announced a $15m first close of their new founder-led seed fund backing entrepreneurs in the earliest stages of building companies.
Balmoral Digital launches digital fund with experienced stalwarts at helm
Balmoral Digital has announced the launch of its new digital assets fund. The fund will be available for wholesale and sophisticated investors.
The 4th Annual Australian FinTech Awards finalists have been announced
The 4th Annual Australian FinTech Awards will be held in Sydney tomorrow night, Thursday August 1, 2019. Congratulations to all the finalists.
