SEARCH
Platform provider updates fee functionality
Platform provider updates fee functionality
A major platform provider has made changes to its functionality to make it easier for advisers to manage incoming changes to fee authorisation rules.
In a statement, BT said it had added a feature to its Panorama platform that allowed advisers to set start and end dates for advice fees, and set a reminder 30 days before the expiry date.
The functionality also allows advisers to schedule a new fee immediately after the previous fee expires, without the need to manually enter a new fee end date.
In addition, the platform had added a new feature relating to the Protecting Your Super regulations, which allowed advisers to be alerted if their client was at risk of losing their insurance.
BT said it would send inactivity notices to clients who had not made a contribution or rollover to their super account in nine, 12 and 18-month periods, while alerting the adviser at the same time through the platform.
Panorama would also generate insurance reports for advisers sorting client accounts in order of urgency, and allow clients to ‘opt in’ to keep their insurance through the platform’s mobile app.
“At BT, we are continuing to invest in our technology by adding features that support advisers to run their business efficiently, compliantly and to their model,” BT general manager of platforms, investments and operations Kathy Vincent said.
She added that the new features built on the popularity of other practical tools available in Panorama such as digital consent, usage of which had doubled during the COVID-19 crisis.
About the author
Subscribe to our Newsletter
We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians
Your email address will be shared with nestegg and subject to our Privacy Policy
latest articles
OUR PLATFORMS AND BRANDS
- Accountants Daily
- Accounting Times
- Adviser Innovation
- Australian Aviation
- Broker Daily
- Cyber Daily
- Defence Connect
- Fintech Business
- HR Leader
- Independent Financial Adviser
- Investment Centre
- Investor Daily
- Lawyers Weekly
- Money Management
- Nestegg
- Property Buzz
- Real Estate Business
- Smart Property Investment
- SMSF Adviser
- Space Connect
- Super Review
- The Adviser
- Wellness Daily
- World of Aviation
EVENTS AND SUMMITS
- Accountants Daily 30 Under 30 Awards
- Adviser Innovation Summit
- Australian Accounting Awards
- Australian Aviation Awards
- Australian Broking Awards
- Australian Defence Industry Awards
- Australian Law Awards
- Australian Space Awards
- Australian Space Summit
- Better Business Summit & Awards
- Broker Daily Business Awards
- Corporate Counsel Summit & Awards
- Cyber Security Summit & Awards
- Defence Connect Budget Lunch
- Defence Connect DSR Summit
- Fund Manager of the Year Awards
- ifa Excellence Awards
- ifa Future Forum
- Investor Daily ESG Summit
- Lawyers Weekly 30 Under 30 Awards
- Lawyers Weekly Women in Law Forum
- New Broker Academy
- Partner of the Year Awards
- REB Awards
- Reinnovate
- SME Broker Bootcamp
- SMSF Adviser Technical Day
- Super Fund of the Year Awards
- Women in Finance Awards
- Women in Law Awards
- Accountants Daily Podcast Network
- Australian Aviation Podcast Network
- Broker Daily Podcast Network
- Defence Connect Podcast Network
- HR Leader Podcast Network
- REB Podcast Network
- Relative Return
- Space Connect Podcast
- The Adviser Podcast Network
- The ifa Show
- The Lawyers Weekly Show
- The Smart Property Investment Show
PODCASTS
LEARNING AND EDUCATION
MOMENTUM MARKETS NETWORK
LINKS
STAY CONNECTED
Subscribe to the Adviser Innovation eNewsletter.
