DECEMBER, 2009
Oxygen. Macquarie Planner Services.
Welcome to the final edition of Oxygen for 2009.
Innovative functionality - We are delighted this month to have launched MyPortfolio within Macquarie Wrap, an intuitive and client focussed service, that allows Macquarie Wrap clients to view a consolidated picture of their financial affairs, in a clearly user friendly way. MyPortfolio has been developed following feedback from financial planners and clients with the purpose of providing clients with clear, online access to the status of their portfolio’s and to support planners in enhancing their service proposition to clients. It offers consolidated client reporting and the facility to present complex financial information in a highly simplified, interactive and informative way.
Oxygen Articles - Our articles this month consider the sizeable advice opportunity in actively transitioning legacy assets into new model advice practices, areas of focus for planners in the run-up to 2012 and the holy grail of scaling financial planning.
In the article, ‘Legacy Assets – opportunity or threat?’ John Baxter, Head of Veracity Asset Transformation Service, writes about the benefits for both clients and advisers of transitioning legacy assets into model portfolios, and a more fully developed model of financial planning.
‘The run up to 2012’ by Phil Young from Threesixty offers his views on the financial planning industry over the next few years – where should there be a clear focus by planners to take advantage of the opportunities being created by change? Finally, John Porteous, Head of Distribution for Macquarie provides a considered insight into ‘Scaling Financial Planning’.
We also draw upon the experiences of Macquarie Practice Consulting in Australia who share their experiences of working with planning practices on the other side of the globe. This month, they provide some useful hints and tips on increasing staff productivity within your business.
Finally our thanks to Peter Meany, Head of Global Listed Infrastructure Securities for First State Investments who writes about the investment opportunities in the aviation industry.
Season's Greetings - In conclusion and on behalf of the team at Macquarie, I would like to take the opportunity to wish you and your families a very happy festive season and a healthy and prosperous 2010. We look forward to being of ongoing service to you, your team and clients throughout the new year.
Kind regards,
Jason Huddy
Executive Director
Macquarie Bank International
FEATURED ARTICLEIncreasing staff productivityFor many firms their most valuable asset is their staff. Our insight into the planning community in Australia highlights some of the key building blocks in cementing a strong team culture. |
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ARTICLELegacy assets – opportunity or threat?The advent of wrap platforms has enabled planners to utilise model portfolios and deliver an institutional class investment experience to their clients. |
ARTICLEThe run up to 2012There is no doubt that 2012 is a big year. The London Olympics, Personal Accounts, Solvency II, the Retail Distribution Review, not to mention anything else that gets thrown into the melting pot along the way. |
ARTICLETurbulence creates opportunity in airportsBy Peter Meany, Head of Global Listed Infrastructure Securities, First State Investments The aviation industry has been a test of perseverance since the heroic feats of Kingsford Smith and Lindbergh in the 1920s. The industry has endured wars, oil crises, recessions, pilot strikes, terrorism, flu pandemics and now a global financial crisis. Demand has been vulnerable to these external shocks in the short-term, but has recovered to trend within a few years. |
ARTICLECan you scale financial planning?As part of an ongoing series of articles exploring the challenges and opportunities with the advice community, John Porteous, Head of Distribution at Macquarie asks the question, can you scale financial planning? |
