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Eureka Report to provide super plans
Subscribers of News Corporation's Eureka Report will be able to access superannuation planning services from next month as negotiations with platform provider OneVue continue.
OneVue announced it expected to "execute binding agreements immediately", that would see its subsidiaries provide Eureka Report subscribers with superannuation plans and self-managed super fund (SMSF) services.
The move comes nine months after it emerged that the Eureka Report, founded by ABC business commentator and frequent critic of the financial planning industry, Alan Kohler, had obtained an Australian Financial Services Licence, and reports emerged that Kohler had become a qualified securities adviser.
In an announcement to the Australian Securities Exchange yesterday, OneVue stressed that the agreement to provide Eureka Report subscribers with access to its digital direct offering was "subject to final negotiations".
However, the company said, "Subject to the execution of agreements, user testing of the service is anticipated to commence next month and Eureka Report will determine a public launch date".
"The negotiations have been in relation to OneVue's subsidiaries providing Eureka's subscribers with:
Digital direct distribution;
Superannuation and pensions plans; and
SMSF services.
"The agreement is consistent with OneVue's growth strategy," the company said.
AUTHOR
Nicholas O'Donoghue
Nicholas is a journalist for Money Management and Super Review. Nicholas has several years experience as a journalist, reporting and managing websites for various news publications covering the medical and pharmaceuticals sector.
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