Midwinter to release investment switching module
Midwinter Financial Services is planning to release an investment switching module to allow advisers to switch investment platforms.
The new module will be research based and product specific, allowing advisers to move all of their underlying shares, managed funds, separately managed accounts and exchange traded funds automatically from platform to platform.
The full range of investment products with the associated fees and asset allocations will be automatically built into the product, said Midwinter's general manager, strategy and technical services, Matthew Esler.
“We were the first to market superannuation switching which is product specific and we were by far and away the leaders on that front,” he said.
Midwinter launched a pension to pension and pension to super switching module in June this year.
Recommended for you
Financial advisers will have to pay around $10.4 million of the impending $47.3 million CSLR special levy but Treasury has expanded the remit to also include super fund trustees and other retail-facing sub-sectors.
Recommendations by the FSC around implementing a practicing certificate framework for advisers would be burdensome and add little value for AFSLs, according to SIAA.
The RBA has made its latest interest rate decision at the the final monetary policy meeting of 2025.
AZ NGA has acquired Sydney-based advice and wealth management firm Financial Decisions, allowing its CEO to step back and focus on providing advice.
