This integration allows users to send emails directly through the Midwinter financial planning software using their familiar Microsoft Outlook address, while also maintaining a record of sent emails within the software.  

Now, when clients reply, it goes directly to your trusted email. 

This update builds on our commitment to streamline communication and marks the initial phase of our expansion to email functionality. 

Set up is simple. Users can navigate to ‘User Management’ in the main menu to authenticate their Office 365 Integration. For more information on the integration, visit our Help Centre. 

The Outlook integration is available now to all Midwinter users at no additional cost. 

The post Midwinter integrates with Outlook appeared first on Midwinter.

The new SOA template enables advisers to easily issue advice to the SMSF and includes several bespoke additions to the standard Midwinter SOA template. 

Midwinter has existing SMSF advice capabilities; this new SMSF advice template builds on this capability and provides more strategies that are unique to SMSFs and complemented by SMSF modelling.  

The SMSF SOA template is available to all Midwinter’s clients at no additional cost. 

From Friday 9 December, users will be able to select this new template in Midwinter’s advice generation module, Planbuilder. For more information on how to use the SMSF SOA template, visit our Help Centre here.  

The post Introducing Midwinter’s new SMSF Statement of Advice  appeared first on Midwinter.

Midwinter, a Bravura Solutions Limited company, has today announced the extension of its advice software with the launch of MultiGoal, a strategic goal optimisation engine for financial advisers.

Advisers using Midwinter’s financial advice software can now access the interactive and visually engaging tool to assist their clients in achieving their financial goals, such as paying off their mortgage or saving for a holiday, based on their situation and goal priority.

With MultiGoal, advisers can provide goals-based advice in real-time, including reviewing and prioritising a client’s goals and generating a quick statement of advice. It can be used in front of clients as part of an educational and consultative discussion, showing the value of advice and strengthening advisers’ client pipelines.  

The solution uses client financial information to quickly provide strategic direction, with multiple goals, scenarios and trade-offs evaluated in one meeting.

Andrew Zietara, Head of Product at Midwinter says, “At Midwinter we are continuously innovating our software so our clients can provide better financial outcomes. We are pleased to roll out a solution that helps the advice profession showcase the value of advice while reducing upfront costs to deliver this advice.”

“MultiGoal’s easy-to-use interface stands out for its simplicity and its ability to be used in front of clients to show the impact of different goal priorities, allowing for more relevant conversations during client meetings and reduced time and effort to produce a statement of advice.”

MultiGoal is available now following a successful beta trial with Midwinter customers.

For more information on MultiGoal or to request a demo, visit www.midwinter.com.au/multigoal.

– ENDS –

Media Contact

For media enquiries please contact:

Deborah Dalziel
Marketing Manager, Midwinter Financial Services
ddalziel@midwinter.com.au

About Midwinter Financial Services Pty Ltd

Midwinter Financial Services Pty Ltd (Midwinter) is an innovative provider of financial advice software. Based in Sydney, Australia, Midwinter was founded in 2006 and acquired by Bravura Solutions Limited in August 2019.

Midwinter’s cloud-based software solutions improve efficiency, scalability, compliance, and client engagement for hundreds of Australia’s leading advice practices, dealer groups, wealth management and superannuation firms.

Our solutions meet the evolving needs of the advice industry, its consumers, and the professionals who provide financial advice.

About Bravura Solutions Limited

Bravura Solutions Limited is a leading provider of software solutions for the wealth management, life insurance, and funds administration industries. Our solutions are underpinned by functionally rich technology that enables modernisation, consolidation, and simplification. Our software solutions enable our clients to increase speed to market, provide a seamless digital experience and address ongoing changes in financial services regulation. Backed by over 30 years of experience, our on-premise, managed, hosted and cloud solutions are used by many of the world’s leading financial institutions, who entrust trillions of dollars in assets held in accounts to our systems. We support our clients with a team of more than1,500 people in 17offices across Australia, New Zealand, United Kingdom, Europe, Africa, and Asia.

To learn more, visit www.bravurasolutions.com.

The post Midwinter Launches Goal Optimisation Engine for Advisers appeared first on Midwinter.

Midwinter’s Chief Technology Officer, Fraser Hamilton, has introduced a new system status monitor providing visibility of Midwinter’s software uptime.

We know how important it is for clients to be able to access their software whenever they need it; this webpage creates transparency of our software’s current and historical uptime.

Midwinter has existing monitoring tools and procedures that our team uses to maintain operational capability of the software. Through the system status monitor, clients now have a view into those tools.

Since introducing the system status monitor in July 2022, the software uptime has been 100%.

This supports other Midwinter uptime initiatives including a recent major upgrade to the automated test framework which allows us to instil new features at a rapid pace whilst upholding quality.

The monitor is available to all Midwinter’s clients through the public webpage.

Click here to view the system status monitor.

The post Introducing Midwinter’s new system status monitoring tool appeared first on Midwinter.

At Midwinter, we are continually working with our customers on ways to make their everyday tasks easier and more efficient. Based on recent feedback from our clients, we have added some enhancements to improve their experience with AdviceOS.

Segment Management

For Practices and Licensees that can set-up their own segments (service packages), we have added a filter so they can easily view only Active or Inactive segments.

This has created a cleaner view and easier way for these Practices and Licensees to view and manage their segments.

Group Management

The Group Management section has been polished with individual filtering for each column of data.

Groups of large individual clients can be hard to manage and maintain; this enhancement has introduced the ability to re-order groups based on any of the columns available, as well as filter through these lists.

Risk Profiles

Risk Profile have been tweaked to provide the ability to make profiles inactive and to then hide these, for a better management experience users can toggle between viewing all risk profiles or just active ones.

Product Comparison

The Product Comparison module has been updated for users to enter and view insurance fees on a year-on-year basis, so when comparing funds, the model demonstrates a reasonable comparison.

This improves flexibility on an annual timeline and allows insurance fees to appear in the projections.  

More Information

For further information on all updates, Midwinter has made a compact Message Board located under Training and Support, where you can view our release notes within AdviceOS. These updates are now live, if you have any questions or need additional support, please email info@midwinter.com.au or call 1300 882 938 Monday to Friday between 8:30 – 6:00pm AEST.

The post New Efficiency Enhancements in AdviceOS appeared first on Midwinter.

Midwinter regularly reviews and updates the default assumptions to ensure projections in AdviceOS are kept in-line with the changing economic environment and interest rates.

These assumptions, intended for long-term projections have been provided by an external actuarial firm based on current economic data and forecasts. They impact all modules within AdviceOS that use modelling, including the Product, Insurance and Strategy modules.

The new default assumptions came into effect on 4 March. These are only applied to Practices that use the default Midwinter settings; there is no impact to Practices and Licensees that use their own custom assumption settings.

You can find the assumption settings in AdviceOS by navigating to Settings > Risk Profiles > Default Settings.

Questions & support 

If you have any questions or need support with the default assumption settings, please email info@midwinter.com.au or call 1300 882 938 Monday to Friday between 8:30 – 6:00pm AEDT.

The post Update to Default Assumptions in AdviceOS appeared first on Midwinter.

Fixed Term Agreements (FTA) allow a Licensee or Practice to charge a client fees for a period of 12 months or less. These are suitable for clients who do not wish to sign up for an ongoing fee arrangement.  

AdviceOS supports FTA processes by allowing users to track start and end dates, payment methods and fees, and relevant reminder dates against a client. This information can then be quickly and easily generated into an FTA template. 

Here are the four steps to create an FTA in AdviceOS: 

1. Create a Fixed Term Agreement: Navigate to Advanced Admin where you’ll have the capability to setup an agreement based off an individual or client group.  

2. Record relevant date information: Set and manage reminders to ensure your practice or licensee will be notified accurately.   

3. Select the correct services & fees applicable: Adjust the relevant platform fees and services to fit your needs.   

4. Publish, generate FTA and record responses: Once you have completed all of the steps above, you’re now ready to publish your agreement. 

Questions & support 

If you need further assistance, please check out the FTA user guide in our Help Centre (accessible from AdviceOS) or contact our friendly customer support team.

The post Manage Fixed Term Agreements in AdviceOS appeared first on Midwinter.

Multi-factor authentication (MFA) is a security measure that requires two or more proofs of identity to grant you access to AdviceOS. According to the Australian Cyber Security Centre, MFA is one of the most effective ways to protect against unauthorised access to your valuable information and accounts.

Here’s what you need to do to ensure you can continue to access your account from 11 October:

Set up multi-factor authentication

Once the MFA function is enabled, the next time you access your AdviceOS account you will be asked to set up MFA for your account. After entering a correct username and password you will be directed to a screen with instructions on how to set this up.

If you need further support, you can view the instructions available in our Help Centre.

Opt out of multi-factor authentication

We recommend all users move to MFA to increase the security of their account. However, if you prefer not to use MFA in your practice or AFSL, you can choose to opt out.

If you would like to opt out, please contact our customer support team.

Questions & support

If you have any questions or require support, please contact our friendly customer support team between 8.30am – 6:00pm AEST on 1300 882 938 or email info@midwinter.com.au.

*MFA will not apply to accounts using single sign-on (SSO).

The post Secure your AdviceOS Account with Multi-factor Authentication appeared first on Midwinter.

Midwinter has launched a new module that provides customised advice documents including SOA, ROA, FDS and Fact Find for a low monthly fee.

The new Managed Advice Documents module offers a simple and cost-effective advice document management solution for Practices and AFSLs.

It uses Midwinter’s standard advice document templates and applies styling and content changes, such as custom disclaimers and risk profiles, to tailor these to the customer’s requirements.

Midwinter’s advice document templates have been created based on years of customer feedback, reviewed by a financial services law firm, and are regularly updated in line with legislative changes.

By using the Managed Advice Documents module, customers benefit from best-practice advice documents that have been designed to support compliance requirements and are tailored to their business, without the cost and effort of developing their own custom documents.

Managed Advice Documents is available now to all AdviceOS customers.

To find out more click here or contact us.

The post Simplify advice document management with new AdviceOS module appeared first on Midwinter.

Midwinter Financial Services Pty Ltd (Midwinter) has today announced an integration with Moneysoft, a provider of client engagement software for financial advisers, mortgage brokers and the financial services industry.

Advisers using Midwinter’s AdviceOS and Moneysoft’s Fact Find solution can now seamlessly push and pull data between the two systems.

The integration allows advisers to select which system they would like as the source of truth for each piece of data, and which data to sync between the systems. This provides a highly granular level of control through a simple integration that eliminates double handling of data.

Steve Davison, Chief Commercial Officer at Midwinter, is pleased to have Moneysoft onboard as Midwinter’s newest integration partner.

“We are committed to providing our clients with choice and flexibility and our growing number of native integration partners is one of the ways Midwinter is achieving that goal. This integration allows advisers who use Moneysoft’s Fact Find solution to seamlessly integrate their data with AdviceOS to make use of its sophisticated financial modelling, product comparison and client engagement features.”

Jon Shaw, Chief Executive Office at Moneysoft, also welcomed the integration with AdviceOS.

“Midwinter’s AdviceOS is the latest addition to the Moneysoft integration library and the Midwinter team have been outstanding with technical support and product collaboration throughout. We are proud to add the integrated fact find capability to our solution stack, which will benefit IFA’s, dealer groups and funds looking to automate and digitise the advice process. This integration is specifically designed to improve completion rates, significantly increase the efficiency of advice delivery, and reward clients and members by compressing the interest-to-execution timeframe. The Moneysoft team is looking forward to work with Midwinter on a number of upcoming deployments”.

The Moneysoft integration is available now, on request, to all AdviceOS customers.

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Upcoming Webinar

If you’d like to learn more about AdviceOS and Moneysoft, register to attend our upcoming webinar: AdviceOS & Moneysoft Integration.

This is being held on Tuesday August 17 at 2:00pm AEST (Sydney/Melbourne/Canberra time).

Click here to register.

Media Contact

For media enquiries please contact:

Deborah Dalziel | Marketing Manager, Midwinter Financial Services

ddalziel@midwinter.com.au

The post Midwinter inks new partnership with Moneysoft appeared first on Midwinter.