AMP boosts fund comparison power
Financial planners working with the AMP Financial Planning network will now have access to the Mercer IS Super service, giving them access to details covering more than 100 industry, government, corporate and public offer superannuation funds.
AMP Financial Planning managing director Greg Kirk said the move to provide the Mercer IS product was aimed at assisting financial planners in providing more information to customers when they sought information about switching superannuation funds.
“Taking the Mercer IS Super service directly to planners’ desktops means more information about superannuation funds is available instantly, resulting in a better service for clients and a real time saver for planners,” he said.
“Having the new Mercer IS Super service, with data on around 1,800 investment options, sitting alongside the detail information in AMP Financial Planning’s new online approved products and services list, improves the efficiency and effectiveness of our planners,” Kirk said.
Recommended for you
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.
