Xplan tops competition
Xplan has beaten its competition by ranking first in an independent review of Australian financial planning software.
Investment Trends’ annual “Planning Software Report” ranked the leading players in this field based on their functionality, determining Xplan showed best practice in four of the seven areas assessed — specifically, integration, practice management, portfolios and reporting, and an equal first in plan production.
The success follows its earlier top ranking for overall usefulness revealed in Investment Trends’ 2006 “Planner Technology Report”, which examined the usage of technology by planners and paraplanners.
Speaking on the review’s results, Mark Johnston of Investment Trends said Xplan had developed the most features for minimising the amount of manual editing required when producing a Statement of Advice document.
“Xplan also provides very flexible workflow, task and alert features for coordination and practice management,” he added.
Recommended for you
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.
