Investment Trends awards Milliman and Advice Intelligence

Milliman/advice-intelligence/investment-trends/

14 May 2019
| By Chris Dastoor |
image
image
expand image

Retirement specialist Milliman and platform provider Advice Intelligence have been recognised by research firm Investment Trends with its Planning Software Innovation Award.

The award was presented as part of Investment Trend’s 2018 Planning Software Benchmarking report.

The report found an industry wide shift from modular advice to solutions that encompassed goals-based advice, better business management and improved usability.

Milliman’s enterprise-grade algorithms power Advice Intelligence’s software platform which provided advisers with insights into their clients’ future financial position.

Craig McCulloch, Milliman Principal, said yesterday’s technology and a heavy compliance burden had made true goals-based advice difficult to implement at scale.

"The findings of the Royal Commission into Financial Services has underlined the need for change and Milliman is pleased to partner with forward-thinking organisations such as Advice Intelligence that are leading the way," McCulloch said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND