Matrix stays with Oasis
Wayne Lowe
Matrix Planning Solutions has entered into a contract with Oasis Asset Management that will see it using the Oasis platform for a further five years.
Oasis said it had been retained by Matrix at the end of a competitive tender process and that Matrix would continue to use the Oasis platform to offer its superannuation master trust and investment portfolio service to the retail market.
Commenting on the renewed arrangement, Oasis managing director Wayne Lowe said the contract renewal represented the reaffirmation of a long-standing relationship that originated in 2001.
“The re-signed agreement consolidates the strategic partnership between Oasis and Matrix over the past six years,” he said.
For her part, Matrix Planning Solutions managing director Allison Dummett said the dealer group focused on aspects of financial planning that differentiated from other dealer groups.
“Oasis has many synergies with our business and the decision to extend our contract is testament to the strength of our partnership and our confidence in Oasis assisting us to achieve our long-term growth goals,” she said.
AUTHOR
Mike Taylor
Recommended for you
Retail investment into private credit funds could surpass that of sophisticated investors, according to ASIC, but the regulator admits it is unsure how and where these individuals are first being introduced to the vehicles.
With the high cost of advice keeping young Australians locked out of advice, a fintech provider has said digital advice is key for licensees to capture this unadvised demographic.
ASIC chair Joe Longo has announced he will step down at the end of his term, departing the corporate regulator in May 2026.
When it comes to the phase-out of AT1 bonds, Schroders fixed income manager Helen Mason has urged financial advisers to sell up sooner rather than later or risk capital losses.
