With intra-fund and scaled advice becoming integral to superannuation fund offerings, new research has suggested that enterprise-grade intra-fund advice functionality should be deployed alongside superannuation administration platforms.
The research, the latest Investment Trends Planning Software Report, has pointed to recent technology deployments by major superannuation funds.
"The deployment of Decimal at Mercer and QSuper is a significant milestone for intra-fund advice technology, Investment Trends technology analyst, Ian Webster said.
"Decimal has demonstrated that enterprise grade intra-fund advice functionality should be deployed alongside super administration platforms," he said.
The Investment Trends award for best superannuation scaled advice application went to Decimal, with the research housing noting that superannuation fund intra-fund advice technology had emerged from a previous generation of Australian fintech developers led by Rubik Provisio and Decimal.
Morningstar believes there is still further to run with the potential takeover of Insignia Financial even with original bidder Bain Capital walking away.
Insignia Financial has announced the status of the two private equity bidders as due diligence comes to an end.
The future of superannuation policy remains uncertain, with further reforms potentially on the horizon as the Albanese government seeks to curb the use of superannuation as a bequest vehicle.
Superannuation funds will have two options for charging fees for the advice provided by the new class of adviser.