AXA groups swap VisiPlan for XPLAN
AXA's aligned dealer groups are migrating from VisiPlan to the IRESS wealth management platform XPLAN, IRESS has announced.
More than a quarter of practices have already migrated to XPLAN following a successful pilot program, IRESS stated.
The deal represents more than 1000 users in Australia and New Zealand, IRESS stated.
IRESS has a long-standing relationship with AXA as a technology partner, according to IRESS managing director Andrew Walsh.
"We see the migration to XPLAN as a natural progression based on AXA's needs and opportunities and on our ability to deliver solutions that fulfil the needs of AXA advisers," he said.
Recommended for you
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
With many advisers preparing to retire or sell up, business advisory firm Business Health believes advisers need to take a proactive approach to informing their clients of succession plans.
Retirement commentators have flagged that almost a third of Australians over 50 are unprepared for the longevity of retirement and are falling behind APAC peers in their preparations and advice engagement.
As private markets continue to garner investor interest, Netwealth’s series of private market reports have revealed how much advisers and wealth managers are allocating, as well as a growing attraction to evergreen funds.
