Adviser News - Blog

The evolving financial literacy journey

Goals-based advice is central to building lasting financial wellbeing Australia is one of the wealthiest countries in the world and yet more than four in 10 people (42%) don’t feel confident managing their money, according to the corporate regulator. It is a contradictory gap that the next wave of ASIC’s National Financial Capability Strategy, which is set to be released shortly, can help bridge. In my career as a financial adviser and, before that, an accountant, I experienced first-hand the challenge of helping people become more adept at managing their money. Long before goals-based advice became a core element of …

Read More
Blog - In the Media

Moneysoft expands team to support growing demand for solutions

23rd November, 2017: Moneysoft has appointed eight new staff in response to growing demand for its suite of personal financial management solutions. This expansion boosts Moneysoft’s frontline account management and client service teams including increased support capability. It follows strong uptake of the company’s core cash flow management software and the recent launch of its Round-ups solution. The new appointments are in account management, product development and support, as well as new hires in the sales team. Moneysoft’s Australian team now numbers 18 full time staff. In addition, Moneysoft has increased its offshore capability with nine additional staff in Europe …

Read More
Adviser News - Blog

Scale your business through a collaborative cash flow management service

How taking a collaborative approach can help you to scale client cash flow services and drive more profit Financial Advisers can sometimes struggle to provide cash flow management services because they cannot profitably scale administration and client engagement. Through collaboration and better understanding of the client’s financial situation this challenge can present a huge opportunity for Advisers to scale their business. There are 3 common dilemmas for Advisers: They can quickly get bogged down with the small stuff as they try to establish a systemised approach to assist clients. They can easily get busy, and are reactively focused on ‘non-growth’ …

Read More
Adviser News - Blog

Regtech gives advisers a way out of a tight spot

Growing regulatory pressure combined with increased client expectations can put the squeeze on financial advisers. Embracing regtech can provide space to grow a thriving business, says Moneysoft’s Jon Shaw. For both regulation and client expectations, the only way is up. That creates a conundrum for financial advisers, who are caught in a difficult situation trying to meet what appear to be conflicting demands. “The reality is regulation often lags behind innovation,” Bill Maris has said. He knows what he’s talking about. Maris is a tech maven and entrepreneur who founded Google Ventures, the internet giant’s venture capital investment vehicle. Regtech …

Read More
Adviser News - Blog

How advisers can learn about change management and make their business stand out

Be the change you want to see in the world: how advisers can learn about change management and make their business stand out The advice industry is rapidly evolving, leaving many advisers wondering just how to keep up. Moneysoft founder and managing director Peter Malekas finds that when it comes to change you can believe in, many of the answers are close to home. A change is as good as a holiday – but without effective management, staff often pack their bags for good. You can hire intelligent leaders who anticipate what’s ahead. You can use systems to work smarter. …

Read More
Blog - In the Media

Moneysoft launches new digital solution for superannuation and investment funds

16 October, 2017: Superannuation and investment funds have a new way to boost the engagement of their members and clients with the launch of Moneysoft’s latest digital solution, Round-ups. Round-ups lets people make small, regular contributions to their investment or superannuation account by automatically investing the spare change from their everyday transactions. Whether offered as a stand-alone application or integrated with existing digital platforms, Round-ups is highly customisable for each institution’s individual needs and brand. It’s a turn-key solution that uses enterprise-grade technology and is designed for an optimal mobile experience on smartphones and tablets. “Round-ups is available to superannuation funds, …

Read More
Adviser News - Blog

How fintech can help mortgage brokers navigate the regulatory environment

Mortgage brokers are caught between two worlds: they’re not strictly salespeople but they’re paid by commission; they’re not financial planners but they advise Australians on their biggest purchase. Potential new regulations aimed at overhauling remuneration and increasing transparency are bringing the two closer together — but not without some uncertainty and pain. Regulatory fintech (more commonly known as regtech) has a key role to play in solving those problems and more. Regtech can allow mortgage brokers to boost their productivity with straight-through processing that includes automated analysis of a client’s true financial position. It can also power cross-selling of products, such as …

Read More
Adviser News - Blog

Moneysoft and IRESS XPLAN deliver a powerful combination

Curbing regulatory change Maintaining and adhering to the regulatory compliance standards in Australia, means that Financial advisers face new challenges to deliver a quality service offering. This also means that advisers must find new ways to improve their business processes to ensure they do not fall short. Moneysoft can help advisers curb the increasing regulatory challenges without having to make vast changes to their existing processes or financial systems. By leveraging Moneysoft’s integrations with a number of leading financial platforms, advisers can significantly benefit from business efficiencies and productivity improvements. Moneysoft’s integration with IRESS XPLAN, a CRM and financial planning tool, …

Read More
In the Media

Centrepoint enters into partnership with Moneysoft

5th September 2017:  Financial services firm Centrepoint Alliance has partnered with Moneysoft to deliver a full-service money management and cash flow platform, which will strengthen the adviser-client relationship and give advisers a deeper understanding of their client’s financial situation. Moneysoft provides market leading technology solutions for the financial services industry, including cash flow solutions for financial advisers, equipping them with tools that enable efficient cash flow, budgeting, savings and goal-tracking services which support their clients, at every stage of their financial journey. Built with both the adviser and end-user experience in mind, Moneysoft’s solutions fully support the trusted adviser-to-client relationship, …

Read More
In the Media

Moneysoft expands footprint with Investfit and Xeppo integrations

August 24, 2017: Moneysoft has struck new deals to integrate its cashflow as a service solution with goals-based advice software Investfit and software data connector Xeppo. The partnerships bring together powerful technology and the capability for financial services providers to offer customised solutions that meet the individual needs of their client base. Moneysoft founder and managing director, Peter Malekas, said the integrations will unlock new insights for financial services businesses, supporting deeper client engagement while also identifying future leads and increasing efficiency. “We’re putting control back into the hands of funds, advisers and brokers to say what they want to achieve …

Read More
1 2 3 18