Macquarie Adviser Services satisfied with cash solutions
Macquarie Adviser Services this week released the results of its annual in-house survey constructed to measure financial adviser opinions on its cash solutions.
The survey, which has been in use since 2004, tracks the views of financial advisers using Macquarie's suite of cash solutions such as the Macquarie Cash Management Account (Macquarie CMA) and Macquarie Bank Term Deposits.
According to Macquarie, almost 300 financial advisers and support staff took part in the survey, and provided an average overall satisfaction rating for Macquarie's cash solutions of 8.4 out of 10 - the highest in the survey's history, with the Macquarie CMA achieving 8.5 out of 10.
This saw more than 50 per cent of advisers rating the cash hub nine or 10 out of 10.
Commenting on the survey outcome, Macquarie Adviser Services head of cash product Peter Forrest claimed the results were testament to the ongoing enhancements the business was making to its cash offerings.
AUTHOR
Staff Writer
Recommended for you
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.
With just 30 per cent of Australians knowing their superannuation balance to the nearest $1,000, Findex has emphasised the role of financial advice in addressing the critical super knowledge gap.
New Insignia Financial CEO Scott Hartley has detailed the impact of the Godfrey Pembroke exit and the progress in resetting its financial advice model on its latest quarterly results.
