In a statement, Invest Blue said its new portfolio range would be developed in conjunction with Ironbark and Russell Investment Management and administered on BT’s Panorama platform.
The AMP-aligned advice group, which has clients in Queensland, NSW and Victoria, said the new solutions would provide “excellent options and experience at a more competitive cost” for the group’s clients.
“With the Invest Blue investment committee, Russell Investments and Ironbark all working in sync on a contemporary platform, BT Panorama, we’ve been able to deliver a tailored solution for Invest Blue’s advisers and clients,” BT head of distribution Chris Mather said.
“BT’s focus on continually improving the digital features on the platform helps advice businesses realise the full extent of the benefits of managed accounts, in terms of efficiency and ease of use for their advisers and clients.
“Simultaneously, at BT we have invested heavily in our team’s capability to support change and implementation as part of our commitment to advisers, and we’re pleased that advisers are responding positively to the support that we offer.”
BT said funds under administration in its managed portfolios had increased by 52 per cent to $5.2 billion in the 2020 calendar year, with the group adding 41 new managed portfolio options to its platform over the 12 months.
Advisers responding Chris?? How do you explain the net outflows year on year? No matter how you spin it, we’ve all seen the industry data
What’s he alternative?
Pano being boxed up nicely for sale. Anyone who supports the direction of this platform has rocks in their head!!!