Platform provider OneVue is set to roll out its second consumer platform for a financial services group that caters predominantly for medical professionals.
MAP’s members will be able to have wholesale managed funds, direct shares and separately managed accounts on one platform. They will have access to real-time broking, consolidated reporting across all assets and liabilities and free access to a web-based budgeting tool – WealthVue.
OneVue will also integrate the platform with MAP’s existing retail superannuation offering.
MAP chief executive Jenni Erbel said the firm would use the platform to give support to self-directed investors on a needs basis.
However, the platform provider said the platform was not designed exclusively for medical professionals.
OneVue chief executive Connie Mckeage said the company also noted an increase in self-investing.
“While we appreciate that there will always be a high number of investors that will and want to work with financial planners on a regular basis, we also recognise that there is a growing market for limited advice and self-directed investors who want to do it themselves and seek advice only when necessary,” Mckeage said.
Asked whether OneVue intended to conduct similar deals, a company spokesperson told InvestorDaily the company had “other deals of this type in the pipeline”.
OneVue launched its first intermediated consumer platform for the Australian Medical Association in December last year.
