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Avaloq expands Australian footprint, appoints senior rolesBY KARREN VERGARA | THURSDAY, 7 JUN 2018 12:14PM
Global financial services software provider Avaloq, which boasts clients such as BT Financial Group and Crestone Wealth Management, is ramping up expansion initiatives in Australia with two senior appointments.
Read more: BT Financial Group, Crestone Wealth Management, Deutsche Bank, Switzerland, Anantha Ayer, APAC, Avaloq Australia, Avaloq Sourcing Asia Pacific, Chris Beukers, James Land, Jurg Hunziker, Thomson Reuters, Westpac
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The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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