TNP signs up with X-Plan

TNP director of operations Jamie Coltman says X-Plan provides robustness with risk planning, investment and mortgage broking perspectives all included, providing one solution for all its members.

The software comprises a number of 'modules' delivered online via a flexible contact and customer relationship management foundation. These modules include risk research and pricing tools, investment management and research, and comprehensive financial planning tools.

Coltman says as New Zealand moves into a higher compliance environment over coming months, advisers need to ensure that their practices have the tools and processes to manage the compliance process, while continuing to maintain and grow business.

"Advisers can use X-Plan stand-alone or they can use our centralised processing hub which provides back office services for advisers anywhere in New Zealand and which also works seamlessly with X-Plan."

Coltman says TNP X-Plan will be impartial as to provider and TNP is building enhancements from standard templates to meet market demands and legislation.

"We are working with providers from fund management to risk and mortgage suppliers to build the necessary templates."

He says TNP X-Plan will be analysed by a pilot user group from May and it will be launched for TNP members on 1 June.

Comments from our readers

On 15 April 2010 at 1:32 pm ANdrew Smith said:

Now thats a surprise. TNP following what Newpark has already done. Has that ever happened before?

On 19 April 2010 at 10:00 am Andrew Logan said:

The configurable and highly customizable nature of the Xplan Software enables Boutique Practices and large Dealer Groups to effectively design their own system, using their own Fact Finds, Statements of Advice, Workflows and compliance procedures. The statement that any One Xplan client is following another is therefore quite innacurate as the offerings will be quite different. We look forward to continuing our work with Newpark, TNP and most of the leading NZ advisory groups to deliver best of breed solutions for their advisors.

Andrew Logan
NZ Manager
IRESS Wealth Management Solutions

TNP signs up with X-Plan

The National Partnership (TNP) has signed an agreement with X-Plan to help its members manage financial adviser compliance in the newly regulated world that's coming.

Wednesday, April 14th 2010, 3:13PM 2 Comments

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