Netwealth's new online service to help with FOFA
Platform provider netwealth has launched a new online service which the company said would help financial advisers prepare for the upcoming Future of Financial Advice changes and provide them with back office efficiency.
Executive director Matt Heine said the new site was developed in response to adviser feedback, as they prepare for the regulatory changes and increased administrative burden.
Licensees and planners using the platform will be able to white label the new site and reports to promote their own brand, Heine said.
"They will also have the ability to access new features including online corporate actions, auto sell down profiles and the ability to update client account details via web," he added.
Over the past 12 months, netwealth has been conducting a market review, after which the company had implemented a range of changes, including the overhaul of its investment menu, and has made new hires for business growth.
AUTHOR
Milana Pokrajac
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