OneVue offers better services since merger
In its latest review of the company, research house Lonsec has stated that OneVue, the company created from the merger of Pentafin and Direct Portfolio, is better equipped to offer an enhanced product suite and services in managed accounts and superannuation as a result of the merger.
Lonsec made the comments in a report that approved of the product structure of OneVue’s separately managed account product, ShareInvest.
The merger will be subject to shareholder approval at a shareholder meeting, which is yet to be called. OneVue recently announced a $3 million investment into APA Financial Services’ investment platform for the Australian and New Zealand markets.
OneVue offers installed software, hosted solutions and outsourced unit trusts, managed funds, and superannuation solutions.
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.
