Ord Minnett and Sentry Group switch on to Hub24
Investorfirst has announced that its Hub24 Super offering has gone live with dealer groups Ord Minnett and Sentry Group.
The platform operates under an investor-directed portfolio service (IDPS) model and includes retail super, self-managed super fund administration and wholesale banking as part of its offering, according to Investorfirst chief executive David Spessot.
The new partnerships are the first major advisory groups to begin using HUB24 Super since it switched to the IDPS model, having initially operated as a fully managed discretionary account service.
Spessot said the company has partnered with the independent trustee The Trust Company to offer the product, which provides financial advisers with access to managed funds, separately managed accounts, term deposits and listed securities.
The platform also provides accumulation, account-based pension and transition to retirement account structures, as well as access to account detail via an online portal and an iPhone application.
Recommended for you
T. Rowe Price believes Australian growth is successfully managing to shrug off consumer weakness, but the firm’s multi-asset team is not yet positive enough to increase its underweight position.
Iress has issued an update denying the validity of “certain statements” made by an alleged threat actor, following a cyber incident last weekend.
The latest budget papers have outlined a $10 million provision for ASIC greenwashing enforcement activity as well as funds for a sustainable labelling regime to be partially met by industry levies.
Betashares has expanded its fixed income solutions with the launch of a new ETF offering exposure to subordinated bonds issued by the big four Australian banks.