Bravura solidifies NZ presence



Specialist financial services platform provider Bravura Solutions has solidified its presence in the New Zealand market, announcing this week that it had surpassed one million KiwiSaver members supported on its wealth management platforms.
According to Bravura chief operating officer Jason Tong, the majority of KiwiSaver accounts are now administered on Bravura platforms.
He said he believed this stood as testimony to the quality of the software and its depth of functionality.
KiwiSaver was introduced by the New Zealand government in 2007 as a national workplace savings scheme designed to encourage New Zealanders to save for their retirement. Today KiwiSaver has a total member base of 1.8 million New Zealanders.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.