Advice

Jan
15

Compare Your Life’s iFace Technology is embraced by users

Melbourne based firm Save U has partnered with Cloud technology provider iFace (Compare Your Life) to start consolidating the need for multiple software applications. Save U’s CEO, Stephen Clarkson is impressed with the efficiencies the software has brought to his business.   ‘Our decision to purchase was made in the initial presentation, as the quality […]

By Australian FinTech | FinTech . Insurance
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Jan
15

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, […]

By Reposted by Australian FinTech | FinTech . Investing
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Jan
08

Digital advice platform SuperEd gets $5m from financial services veterans

A powerful group of financial services veterans including banker Mark Johnson and Shadforth Financial Group founder Kevin Bailey have invested $5 million into a digital advice platform set up by former Vanguard Australia chair Jeremy Duffield. SuperEd was founded in 2012 by Mr Duffield and former Westpac executive and technology entrepreneur Hugh Morrow, with a […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Dec
11

The time is now for financial advisers to embrace fintechs

Advisers need to think about fintech services as more than just potential competitors for their market and start thinking about how to capitalise on the sectors’ strengths, writes Sharesight’s Douglas Morris. Recently, the Financial Planning Association of Australia (FPA) released a white paper on fintech titled Mapping Fintech to the Financial Planning Process – Why […]

By Reposted by Australian FinTech | FinTech . Investing
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Dec
06

Advice industry must think bigger: Netwealth

Australia’s financial advice industry should pay heed to the likes of Facebook, Google and Uber if it is to meet the evolving expectations of clients. Speaking at the inaugural IMAP InvestTech conference in Sydney today, netwealth joint managing director Matt Heine said the advice industry is not thinking big enough, putting itself at risk of […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing . Robo-Advice
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Nov
24

Fintech is not a threat: FPA

Financial planners overlooking fintech are missing out on benefits that can ultimately lead to higher client engagement and satisfaction levels, latest research from the Financial Planning Association of Australia shows. Released at the 2017 FPA Professionals Congress in Hobart this morning, the whitepaper maps fintech to the financial planning process and highlights that increased revenue, […]

By Reposted by Australian FinTech | FinTech . Investing
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Nov
17

The fintech transforming the cash investment sector for advisers

While investing cash as part of a client’s defensive investment portfolio is a necessity, many advisory businesses find the current lack of choice to be challenging. Traditionally the time taken to action cash investing, incremental costs together with laborious paperwork outweighed the effort by the adviser and the ability to enhance returns for the client. […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
31

New advice fintech WealthO2 doubles FUA in 3 months

WealthO2, the fintech for financial advisers, has doubled in funds under administration between June 2017 and October 2017. MD Shannon Bernasconi said growth had been based on referrals only, demonstrating a strong network of likeminded advisers seeking a better way to manage their best interest obligations. “It’s very exciting to have the support of the adviser […]

By Australian FinTech | FinTech . Investing
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