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
Greater consistency across the ASIC adviser exam has helped boost the number of first-time candidates this year with many opting to sit before undertaking a Professional Year.
Financial advice practice Eureka Whittaker Macnaught is in the process of acquiring three firms to boost its annual revenue to $25 million.
AMP has partnered with Dimensional Fund Advisors and SouthPeak IM to launch a suite of investment solutions aimed at expanding retail access to traditionally institutional funds.
The Financial Advice Association Australia has appealed to licensees to urgently update their FAR records as hundreds of advisers are set to depart by the end of the year.

