AXA groups swap VisiPlan for XPLAN
AXA's aligned dealer groups are migrating from VisiPlan to the IRESS wealth management platform XPLAN, IRESS has announced.
More than a quarter of practices have already migrated to XPLAN following a successful pilot program, IRESS stated.
The deal represents more than 1000 users in Australia and New Zealand, IRESS stated.
IRESS has a long-standing relationship with AXA as a technology partner, according to IRESS managing director Andrew Walsh.
"We see the migration to XPLAN as a natural progression based on AXA's needs and opportunities and on our ability to deliver solutions that fulfil the needs of AXA advisers," he said.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
