Pentafin gets personal with new offering
Specialist financial services software provider Pentafin has added a new personal superannuation product to its OneVue product suite.
Pentafin chief executive Connie McKeage said the new personal superannuation product, developed in conjunction with Challenger Financial Services, forms part of the company’s integrated superannuation and post-retirement range. She said features include messaging, document management and data warehouse capabilities, streamlined deposit and withdrawal processing, configurable fees and legislative/compliance and management and operational reporting facilities.
McKeage stressed that the OneVue product suite complies with the ‘better super’ legislation changes introduced in July last year as well as anti-money laundering laws.
She also confirmed that Pentafin would add allocated pension and corporate superannuation products shortly.
Recommended for you
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
Insignia Financial has experienced total quarterly net outflows of $1.8 billion as a result of client rebalancing, while its multi-asset flows halved from the prior quarter.
Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators.
An affiliate of Pinnacle Investment Management has expanded its reach with a London office as the fund manager seeks to grow its overseas distribution into the UK and Europe.
