Paritech has signed Independent Capital Advisers (InCapital) to its TotalView wealth management platform.
TotalView was built to accommodate the needs of self managed super fund (SMSF) structures with regards to client investing and administration activities, according to Paritech chief executive Rick Klink.
Klink said TotalView provides three levels of operation: trade and execution reconciliation reporting; portfolio administration for individually managed accounts and separately managed accounts, as well as a full SMSF service.
InCapital managing director John Mlikota said TotalView provided a white label, open architecture platform, with integrated share trade execution and reporting at client and adviser level.
The platform also provides a full administration service for various financial products, including cash, property and managed funds, he said.
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.