With Australia’s aging population, the Productivity Commission on Tuesday released its first report into upcoming intergenerational wealth transfers where it forecasts $6 Trillion will be handed over in the next 30 years. While the report set tongues wagging across the public policy sector, wealth administrators HUB24 (ASX: HUB) and Class Limited (ASX: CL1) is well
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Up to $291 billion worth of net assets could potentially be on the move following the acquisition of Class (ASX: CL1) by fintech company HUB24 (ASX: HUB) which is emerging as an investment platform of choice amongst high net wealth investors that have shifted away from the traditional broker model. As of September 2021, there
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The SOFY acronym may not be as well known as its cousin EOFY but similar opportunities exist for thematic investors to capitalise on stocks that benefit from the Start of Financial Year festivities. As a period dedicated to accountants that will be frantically logging receipts to fall within the FY21 reporting period, fintech provider Class
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Just 9 months on from the launch of their newest wealth management software, Class Limited (ASX: CL1) customer update is rapidly accelerating for Class Trust to be tracking 3 times quicker than its flagship SMSF software which has established itself as the market leader. Following extensive consultation from their thousands of customers which were crying
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A listed fintech company that simplifies back office functions for accountants and financial advisers doesn’t exactly have the same investor ‘sex appeal’ as neo banks, bitcoin players or the buy-now-pay-later sector. But that doesn’t mean it won’t generate exciting returns for investors. A giant in the self managed super funds (SMSF) administration sector, Class Limited
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Amidst the release of its strong Half-Year results highlighted by a 29% rise in EBITDA and a 2.5 cent fully franked dividend, accounting and compliance software company Class Limited (ASX: CL1) has announced the strategic acquisition of Reckon Docs and its 2,000 business customers. The acquisition is the third by the Company since January 2020
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