Omnium makes comparison apps free
Specialist financial services technology provider Omnium announced this week it had made all its iPhone and Android applications for life insurance comparisons free.
The company said this week the move was aimed at bringing more attention to the applications among financial advisers.
Announcing the move, Omnium product manager Trishanth Chandrahasan said the company believed that when more dealer groups and insurers used the products, they would know who to rely on for their entire risk software needs.
Under existing arrangements, the applications are used by financial planners for a monthly licensing fee.
Among the financial planning dealer groups that currently support the mobile apps are Synchron and Yellow Brick Road.
Recommended for you
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
Praemium is to acquire an advanced technology firm for $7.5 million, helping to boost its strategy to be a leader in AI-powered wealth management.

