Onevue Holdings Provides March 2018 Quarterly Key Business Measures Update

Late in 2017, Onevue Holdings Limited announced that we would be sharpening our strategic focus to enhance growth in our core businesses. Since then we have been executing to plan on opportunities that deepen or broaden our key areas of growth and divesting businesses deemed non-core. We have also been delivering on our organic growth pipelines, securing new clients and transitioning our contracted pipeline.

Executing on the strategic imperatives began in this quarter with the agreement to sell the RE business to EQT. This was shortly followed by selling the 3 person SMSF administration business. We continued by closing the Investment Management’s external business. Finally, we sold our 20% shareholding in WealthPortal, the Madison white label.

In April we completed the acquisition of the KPMG Superannuation Administration business, deepening and broadening our superannuation capabilities and doubling the funds under administration. The recently acquired KPMG Super admin business doubles our FUA, taking the number of members administered to over 135,000, and making OneVue the 4th largest provider in the market. And most recently we completed the acquisition of No More Practice, creating a contemporary distribution platform.


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