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Share your perspective on Adviser technology and win $1,000
We’re running a short survey to understand how advisers use and experience technology in their day-to-day work. Your insights will help shape how we support you via the Advisely community, and through Iress software. It takes about 25 minutes, your responses are confidential, and you’ll go in the draw to win a $1,000 Visa…
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Are we overdoing automation in advice?
If there’s a key word for 2025, it has to be “automation”. It’s everywhere. Nearly every week, a new tool promises to streamline everything from file notes to SOA templates. When things are running smoothly, automation can really speed up and tidy our processes. But I can't help wondering: are we automating too much, and…
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How PE consolidation really impacts advice tech
Given the unprecedented pace of M&A activity in advice, it's worth balancing expectations with reality – especially where tech integrations are concerned. So, what does a tech change actually look like when an advice business is acquired? Find out in this video:
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Want to know exactly what your client has updated in their digital fact find? Now you can!
Fact find comparison report is now available to all users Background Client Portal allows users to provide their clients with a digital fact find to complete for new and existing clients. The data is updated immediately in Xplan and allows advisers to capture data more efficiently. However, even though all changes are…
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The Shine of AI Blinds Many Planners
The hype around artificial intelligence is louder than a footy crowd at State of Origin. Advisers see demos of Copilot writing recommendations in seconds and start thinking “problem solved.” Yet, just like a GPS can’t fix a car with no fuel, AI can’t fix a database that’s full of duplicates, half-filled fields and cryptic…
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Filing emails in Xplan
I am having difficulty saving emails, both sent and received, to my clients files in Xplan. Something has changed my functionality in the last 6 weeks or more.
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Super and Pension renovations in Xtools+ are complete. Do you want to move in?
Smarter modelling, more flexibility, and way less workarounds - You could be using it as early as 13 May 2025 We've transformed the way you model super and pensions in Xtools+, and it's all based on the feedback you shared with us. ? What’s New? We started with a simple goal: allow you to model a second super fund without…
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The top performer's playbook
The challenge for advisers is to provide high-quality advice while navigating complicated laws and demanding client expectations. To achieve this, they need optimum performance – which requires a strong support system that improves productivity, compliance, and customer service. This article examines the key components…
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The top performer's playbook
The challenge for advisers is to provide high-quality advice while navigating complicated laws and demanding client expectations. To achieve this, they need optimum performance – which requires a strong support system that improves productivity, compliance, and customer service. This article examines the key components…
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Thinking of self-licensing? Avoid these tech traps
If you're considering going down the self-licensed route, tech might not be the first thing you think about. Ignore it at your peril, though, because these common tech mistakes can have serious costs for your business – financial, reputational, strategic and more. Find out more in the video below. Click here for your copy…
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How the new cybersecurity laws impact advice
Late last year, the Cyber Security Act 2024 received Royal Assent, introducing new standards and reporting obligations for a range of businesses. But how, if at all, do the new laws affect financial advice? In this video, Cyber Collective CEO Fraser Jack walks you through the changes introduced by the legislation and…
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Why the client portal is the most important technology choice of all
In the dynamic world of wealth management, financial advisers face the perennial challenge of effectively engaging with clients. One of the most pivotal elements in this interaction is the client portal – a digital gateway that not only streamlines communication but also serves as a repository for financial documents,…
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Expected Revenue Tracking
Hi Team Expected Revenue Tracking – Pipeline Tracking Our business is currently using spreadsheets to track the following: Adviser Meetings and Outcomes * Client Meetings * Adviser Meeting Types (examples: Review, Ad-Hoc, SOA presentation meeting etc) * Adviser Outcomes (examples: no change, SOA, ROA, proceed in full,…
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Human behaviours in the digital world should reflect what we do physically in the analog world.
What I mean by that is in a physical sense, we would all bend over backwards to help our clients and keep them safe, but so often, those behaviours are not reflected in the digital world of protecting clients' data. It's fair to say it's not intentional; we don't know what we don't know. But what we do know, is it is a…
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AI: From hype to prototype
There’s much talk about AI's risks and rewards, but what’s the immediate opportunity for advice businesses? How can the risks be managed? And what is Iress doing to bring AI functionality into Xplan? Join Iress and Amazon Web Services (AWS)—provider of a comprehensive set of AI services used by over 100,000 customers to…
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Free tool: Cyber resilience checklist
How prepared is your practice for a cyber incident? If cybercriminals target your company or clients, you’ll need to ensure that you have good cyber resilience processes in place and can report on these to ASIC. Developed by The Cyber Collective, this checklist outlines ASIC’s guidance on ‘good practices’ in eleven key…
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Go big or go home
Does digital transformation cause more problems than it solves? With big enterprise-wide change comes big expectations, yet the reality doesn’t always match up. Only 20% of companies achieve more than three-quarters of their expected revenue gains. While only 17% achieve more than three-quarters of the cost savings they…
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Webinar: The $2bn advice capacity conundrum
Could your business take on 30 new clients? Advice 2030: The Big Shift revealed a potential $2.1bn in new revenue and nearly half a million new advice clients by 2030 for advice businesses that can adapt to meet this demand. Hear from Iress, a Deloitte economist and adviser, as they unpack the capacity conundrum and the…
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How smaller firms can bridge the advice gap with tech
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Solving the $2.1bn advice capacity conundrum
Could your business take on 30 new clients? Advice 2030: The Big Shift revealed a potential $2.1bn in new revenue and nearly half a million new advice clients by 2030 for advice businesses that can adapt to meet this demand. Hear from Iress, a Deloitte economist and adviser, as they unpack the capacity conundrum and the…
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What Skills Matter in an AI-Driven Financial Services Industry?
I've been giving a lot of thought to how the increasing presence of artificial intelligence will affect how we hire and develop talent in the financial services industry. Would love to hear what everyone else is thinking. As AI gets better at handling routine tasks and data analysis, the kind of work we typically give to…
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What is the #1 process you have in your practice that makes you efficient?
Being able to move Inspired Money forward, this is a question I had to ask myself very early. This allowed me to remove myself from the technical aspects of the advisory process and focus on driving the business forward into what I saw as the future of advice. Using data better easily became the singular focus for us, and…
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Five micro changes with big impact
Get on the inside track with tried and tested strategies from the experts; the business consultant, the adviser and top 10 Index performer, and the outsourcing coach to discover the five things you could be doing in your practice today to step up your practice and advice efficiency. 1 hour of FAAA-accredited CPD is…
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Five micro changes with big impact
Get on the inside track with tried and tested strategies from the experts; the business consultant, the adviser and top 10 Index performer, and the outsourcing coach to discover the five things you could be doing in your practice today to step up your practice and advice efficiency. CPD is no longer available for this…
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A new approach to advice tech
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Are you stuck in the past with risk profiling?
It is easy for risk profiling to become just another tick-box exercise that we need to do as part of the advice process. Often, we have questionnaires for our clients that were made up by someone in the firm many years ago, aren’t based on any researched methodology and, more importantly, don’t engage the client. I often…
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Why your tech stack may be overdue for an audit
Our research shows high-performing advice firms typically use only one software platform to streamline key aspects of advice production including preparing SOAs, managing workflows and client data and communicating regularly with clients. As a result, these firms are 37% faster in creating SOAs and 17% faster in advice…