BT Panorama FUA up 65%
Almost six months after BT Financial Group revamped its pricing structure for BT Panorama, the company has announced that the platform has reached $13 billion in funds under administration (FUA), up 65 per cent on this time last year.
BTFG also announced additions of mobile digital consent for corporate actions, digitally enabled Record of Advice (ROA) generation, and enhanced reporting capabilities to Panorama.
BT head of Panorama product development, Anil Sagaram, said that these changes were key to increasing the efficiency of the advice process. The 2018 Investment Trends Planner Technology Report found this was a key issue for advisers, with 40 per cent of surveyed advisers expressing concern about building process efficiencies.
“We are investing in digitisation and introducing new features and functionality that increase both advice efficiencies and client engagement. We want to ensure we continue to meet the evolving needs and preferences of clients and advisers,” Sagaram said.
AUTHOR
Hannah Wootton
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
