Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Asteron Life makes a $10 million technology upgrade

financial-adviser/advisers/

29 February 2012
| By Staff |
image
image image
expand image

Asteron Life has invested $10 million in new technology, which the company claimed would bring more back-office efficiencies for its financial adviser base.

The new technology platform would include new quotation and e-application systems, which would also create "greater synergy" between its technology and product design, the company stated.

Asteron said the upgrade followed feedback from its financial adviser base, which demanded a reduction in application processing time and cost savings.

"This frees advisers up to focus on more money-making activities, and seeing their clients," the company said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

4 days 19 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND