MLC planners roll into AdviserCentral
MLChas launched a new platform for planners - AdviserCentral - and will roll it out to its 1,400 strong adviser network.
AdviserCentral is part of MLC's $220 million Amazon project and comprises a suite of financial planning tools spanning portfolio management advice strategies, debt management, risk management and estate planning.
The desktop-based system, usingIWL's VisiPlan as its base, can also upload investment and insurance details through MasterKey and MasterKey Custom, while direct shares and managed funds can be uploaded via Chess and InvestmentLink.
Planners acrossApogee Financial Planning,Garvan Financial Planning,Godfrey Pembroke Financial Planning, National Australia Financial Planning, as well a number of aligned boutique dealers, will be introduced to the program between now and Christmas.
MLC advice solutions chief executive Matt Lawler anticipates a strong take up across the board.
Lawler says the advice platform has been developed to “alleviate the hot spots advisers tell us are preventing them from spending time with their clients by increasing efficiency in business processes, plan writing and client report reviews”.
Lawler adds the overall aim of the project is to allow planners more time with clients, along with boosting investor confidence in the planning and “inspiring Australians to invest, rather than follow the defensive reactive trends of today”.
“Advice has a bad name. We can't solve all of that, but we can solve some of those issues,” Lawler says.
AdviserCentral also has a strategy-filtering tool, which can assist advisers create a statement of advice.
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