financial planning

Nov
15

From football to finance: Why Ted Richards wants to make investing easier

With 261 first-grade AFL games under his belt, former Sydney Swans defender Ted Richards isn’t your average financial guru – but he’s willing to bet that footy is a lot closer to money management than you think. After retiring from professional football at the end of 2016, Richards moved onto his second love of finance, […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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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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Oct
25

Equity Trustees to acquire OneVue Responsible Entity business

EQT Holdings Limited (ASX: EQT), the holding company for Equity Trustees, today announced it had signed an agreement with OneVue Holdings Limited (ASX: OVH) to acquire its Responsible Entity (RE) business, which covers 27 managed investment schemes and approximately $2.3 billion of funds under supervision.   The $3.5 million acquisition[1] will strengthen Equity Trustees’ leading […]

By Australian FinTech | ASX . FinTech . Investing
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Oct
25

Australia publishes draft laws for relaxed fintech regulation

The Australian government published draft laws on Tuesday that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection. The draft laws would let companies test “a broad scope of activities…without the need to meet all the existing licensing requirements of […]

By Reposted by Australian FinTech | FinTech . Insurance . Payments
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Oct
17

Robo-advisers to expand into retirement advice

While automated advice providers currently cater for a lot of basic SMSF advice needs, one provider believes retirement adequacy will be the next frontier for automated advice. ASAP chief executive Jim Hennington said he expects the scope of advice that’s provided by automated advice providers to SMSFs will further expand over the next year. “At […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Oct
17

Praemium expands SMA model options

Platform provider Praemium has added 16 new multi-asset model portfolios to its separately managed account offering, expanding the investment options available to users. The listed fintech company announced today that it has struck deals with a number of investment managers, including the introduction of eight new models from Shaw and Partners, four from Joseph Palmer […]

By Reposted by Australian FinTech | FinTech . Investing
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Oct
16

Moneysoft launches Round-ups, allowing people to invest spare change into their super and investment funds

Superannuation and investment funds have a new way to boost the engagement of their members and clients with the launch of Moneysoft’s latest digital solution, Round-ups. Round-ups lets people make small, regular contributions to their investment or superannuation account by automatically investing the spare change from their everyday transactions. Whether offered as a stand-alone application […]

By Australian FinTech | FinTech . Investing
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Oct
13

AFA and Map My Plan ink partnership

The AFA and robo-advice innovator Map My Plan have entered a commercial partnership to help reach the majority of Australians who do not currently seek financial advice. At the AFA’s national adviser conference on the Gold Coast today, AFA spokesperson Nick Hakes announced that the association has inked a deal that will see members gain […]

By Reposted by Australian FinTech | FinTech . Robo-Advice
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