Praemium launches managed accounts solution
Platform provider, Praemium, has helped long-term Brisbane-based stockbroking client, Burrell Stockbroking and Superannuation, prepare for the adoption of new technologies through the launch of a new managed account solution.
Praemium general manager, Anna Itsiopoulos, said that the launch demonstrated Praemium's flexible approach and would assist in delivering solutions for its client that were successful and scaled to be low cost.
Burrell Stockbroking and Superannuation managing director, Chris Burrell, said that while challenging, new technologies aided in customising services to varying client needs and ultimate improved workflow for his organisation.
"Praemium's managed account offering enabled us to economically service new and existing clients," he said.
"[We are] focusing on what we do best — managing diversified portfolios — and leaving the administration and reporting to a partner who has the technology and skills to do these things."
Recommended for you
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
The ETF provider has flagged a number of developments as it formally enters the superannuation space through a major acquisition.
While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.