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| | WEDNESDAY, 28 JUL 2021 12:01PMThe increased uptake of managed accounts is seeing advisers fulfil their client best interest duty with ease, according to new research.|
|Mercer has announced a new strategic partnership with eVestment, a Nasdaq platform and institutional data and analytics specialist.|
|Zenith Investment Partners has launched a new managed account client on Macquarie Wrap as adviser demand for managed account solutions soars.|
|The platform launched a client portal app for financial adviser clients in a bid to improve client engagement.|
|The platform has made changes to its artificial intelligence capabilities to improve the user experience of its $140 billion non-custodial Virtual Managed Account solution.|
|Platforms have seen strong increases in funds under management over the year to March 2021, new research shows.|
|Following a strategic review, Praemium is proposing to sell its international business despite record performance.|
|BNY Mellon will acquire Milestone Group, a funds management technology provider.|
|BT Panorama has completed the migration of its BT Wrap clients, bringing its total funds under administration to over $100 billion.|
|WealthO2 has introduced a managed discretionary account with several top managed account investment managers.|
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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