SMSFs boost growth for BT Panorama platform
Funds under administration for BT’s Panorama platform have now exceeded $10 billion with SMSF assets now accounting for over 40 per cent of total assets.
Since the completion of its advised offer in March 2017, BT Panorama has grown its funds under administration by 138 per cent or $5.4 billion.
BT Panorama has also seen continued growth in SMSF assets, which now account for $4.2 billion of total funds under management on the platform.
The platform now also has more than 3,500 advisers and 21,750 investors registered.
BT Panorama chief executive Brad Cooper said the platform continues to gain momentum with clients, advisers and accountants.
“While we’re extremely proud of what BT Panorama has achieved to date, we continue to listen to and act on the valuable feedback we’re receiving from investors and advisers,” said Mr Cooper.
“We have more enhancements coming this year including new reporting features, a cash management account and annuities; further strengthening Panorama’s offer,” he said.