IFL insignia financial ltd

News: IFL Insignia Financial Says FUMA Reduced To A$293.1 Bln As At 30 Sept, page-5

  1. 11,622 Posts.
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    It is interesting that in the q4 report, where they said they would squeeze more costs savings out of MLC, they also said "Following feedback from financial advisers, the planned migration of MLC Wrap to Evolve (Evolve23) has
    been pushed back from 1H24 to 2H24 in order to ensure adviser readiness for the change, and to
    deliver the best client and adviser experience."

    Now we are told "While the Evolve platform continued to attract net inflows, these were offset by outflows primarily from
    MLC Wrap in advance of the MLC Wrap to Expand migration in 2H24. Flows into MLC Wrap are expected
    to continue to be challenged until completion of the migration to Expand in 2H24. "
    Last edited by CaptainBarnacles: 26/10/23
 
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