Lonsec reveals plans to develop former van Eyk technology


Lonsec says it is almost ready to unveil its enhancements to the former van Eyk iRate technology offering, which it purchased from the troubled research house's liquidators six weeks ago.
The handover is now complete, according to Lonsec, which said it would roll out a "major update" soon.
The update, iRate version 5, will feature portfolio construction functionality for all users, Lonsec said.
The technology currently has around 2800 users, spanning financial planners and licensees, with its core offering its portfolio construction capability.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.