Investment Trends awards Milliman and Advice Intelligence
Retirement specialist Milliman and platform provider Advice Intelligence have been recognised by research firm Investment Trends with its Planning Software Innovation Award.
The award was presented as part of Investment Trend’s 2018 Planning Software Benchmarking report.
The report found an industry wide shift from modular advice to solutions that encompassed goals-based advice, better business management and improved usability.
Milliman’s enterprise-grade algorithms power Advice Intelligence’s software platform which provided advisers with insights into their clients’ future financial position.
Craig McCulloch, Milliman Principal, said yesterday’s technology and a heavy compliance burden had made true goals-based advice difficult to implement at scale.
"The findings of the Royal Commission into Financial Services has underlined the need for change and Milliman is pleased to partner with forward-thinking organisations such as Advice Intelligence that are leading the way," McCulloch said.
AUTHOR
Chris Dastoor
Recommended for you
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
