Fiducian updates online software for financial planners
Financial services specialist, Fiducian Group, has announced a series of enhancements to its online offering in a bid to help support Australian financial planners with integrated online services.
The move comes on the back of Fiducian recording a strong slew of results for the 2015 financial year, with underlying net profit after tax having increased by 28 per cent to $5.75 million.
New features for clients and planners include an expansion of the planner's current dashboard for "more visibility" over client accounts, as well as address and contact changes aimed at speeding up the delivery of client details and correspondences available via Fiducian Online.
"This [new dashboard] enables planners to track progress of transactions, such as investment switch instructions," said Fiducian's chief information officer, Alan Dunne.
"The latest enhancements are possible through Fiducian's strategy to invest in a new platform, administration system, new online services and our financial planning software."
According to Dunne, the enhancements see Fiducian providing a unified platform for advice, implementation and ongoing servicing of its clients.
Luke Grbin, head of platform services for Fiducian, said the platform and online design were "driven by advisers" through the platform user group.
"For planners using Fiducian's FORCe financial planning system, integration with Fiducian Online and the Fiducian platform will enable them to seamlessly maintain client accounts directly from their software," said Grbin.
"Planners not using FORCe still get to take advantage of Online's ease-of-use tailored reporting and transacting capabilities."
Dunne confirmed the new features are expected to be rolled out continuously over the next few months.
Recommended for you
AZ NGA has entered into a strategic partnership with national advice firm MiQ Private Wealth, as a way to provide a succession solution, as well as career development opportunities for staff.
While the advice profession struggles under growing operating costs, Adviser Ratings has found more than half of practices – some 58 per cent – that generate less than $250,000 in revenue report no profit at all.
The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing investigation into the company’s managed investment schemes.
Off the back of the August adviser exam results, the profession has seen 17 new entrants hit the Financial Adviser Register (FAR) this week, helping numbers return to positive territory.
