AMP has announced the launch of North Interactive, a new interactive tool for advisers on the North platform designed to support client review reports.
The firm said the tool allows advisers to visualise their clients’ account and performance information, including portfolio value, asset allocation and account movements, providing advisers with the tools to deepen client engagement during reviews.
AMP said the new addition would allow advisers to save time with the ability to merge data across multiple accounts. With the ability to integrate with Microsoft 365, advisers can add their own branding and personal commentary to present to clients.
Combined with North’s recently announced “Recontribution Wizard”, advisers are now able to transfer from super or pension to IDPS and back to super in one workflow, allowing them to avoid buy/sell costs and strengthen their service offering.
Edwina Maloney, AMP group executive, platforms, said the additional capabilities of North will help advisers better serve their clients.
“Adviser feedback is so critical to the way in which we continue to invest in product enhancements and functionality, which is why we have launched North Interactive, a game-changer in helping more advisers digitally engage with their clients at review time,” Maloney said.
“Together with our Recontribution Wizard, North is giving advisers confidence and certainty with same-day transfer functionality, greater portfolio customisability than ever before, and seamless client reporting at review time.
New managed portfolios
North also announced the addition of six new managed portfolios on its investment menu, bringing the total of new managed portfolios added to the platform this calendar year to 22.
The new additions include the Activam Conservative and Income Portfolio, Moderate Portfolio, Index-Focused Balanced Portfolio, Balanced Portfolio, Growth Portfolio and High Growth Portfolio options.
The new managed portfolio suite is managed by Activam Group, an investment firm that specialises in providing multi-asset portfolio management and investment consulting services.
Robert Talevski, Activam Group managing director and founder, said the firm is pleased to be bringing its investment solutions to the platform.
“We are thrilled to be offering access to the Activam Multi-Asset SMA investment portfolios through North. Our investment team takes an active approach to portfolio management, bringing together our extensive experience, knowledge, and best ideas,” Talevski said.
“The demand has been fantastic, as we stay committed to delivering exceptional opportunities and outcomes for advisers and their clients, through quality and performance focus.”
AMP’s Maloney said the new investment offerings expand advisers’ ability to meet the needs of their clients.
“North also continues to invest in optionality and choice by giving advisers the confidence that their platform is the easiest to use in the market with a growing range of tailored investment solutions and best of breed functionality,” Maloney added.
“That’s why we’re thrilled to be welcoming Activam to our platform with six new managed portfolios on North, as we continue to set the pace with the [fastest] growing offer in the market.
“Thanks to this partnership, North is offering advisers access to an extensive new range of actively managed portfolios with diversified risk profiles across different styles, investment timeframes and exposures that help drive advice practice efficiency whilst also lowering its cost to serve.”
