Global Fintech PR Network Launched

The Global Fintech PR Network is the world’s first network of PR agencies specialising in financial technology – or ‘Fintech’.

The new network so far consists of eight independent PR agencies, based on five continents, all sharing the same dedicated focus in delivering high-quality PR, communications and strategic advisory services to clients in the fintech industry around the world.

The network enables member agencies to offer their local clients a global perspective on the fast-moving fintech industry. It is also an efficient platform for collaborative servicing of clients operating across geographies and to help organisations within the fintech space:

  • Gain a truly global perspective across diverse audiences
  • Work with leading agency specialists in each locality

The idea for the network originated in Copenhagen earlier this year with the partners behind Norfico – the first dedicated fintech advisory and PR agency in the Nordics (Kristian T. Sørensen and Michael Juul Rugaard). Their effort to establish the network quickly became a global project once they had identified and reached out to like-minded agencies from other geographies, all of which welcomed the initiative.

From the outset, industry knowledge was key to agency selection, with Michael Juul Rugaard saying “We firmly believe that the key to creating real value for our customers is to specialise and maintain deep industry knowledge. It becomes especially evident in highly sophisticated and complex industries like fintech.”

The founding PR agencies are based in Austin, Copenhagen, London, New York, São Paulo, Singapore, Sydney, and Tel Aviv, and the network is expected to expand further, both in terms of member agencies and geographical coverage.

List of founding members of The Global Fintech PR Network:

Austin, Texas: Manzer Communications (www.manzercommunications.com)
Copenhagen: Norfico (www.norfico.net)
London: MD Consulting (www.mdconsulting.com)
New York: Vested (www.fullyvested.com)
Sao Paulo: Nobiletec (www.nobiletec.com)
Singapore: Bowlah PR (www.bowlah.com)
Sydney: Honner (www.honner.com.au)
Tel Aviv: Spicetree Communications (www.spicetreecom.com)

Dan Simon, CEO of New York-based fintech PR agency Vested, says:

“For agencies in this network, some of the main advantages will be lead sharing and joint servicing of international customers. I see a rapidly growing demand for our services, and I hope that together we can locate more agencies to join the network.”

Paul Cheal, General Manager at the Australian PR agency Honner adds:

“Fintech is becoming progressively mainstream. As a group, we can support our clients’ international aspirations backed by a network of highly specialised agencies in leading markets across the globe.”

Caroline Bowler, the founder of Singapore-based Bowlah PR, says:

“Establishing a global network of agencies within fintech could turn out to be a huge advantage for a large number of our clients. Fintech is born global; our clients need and depend on agencies with an in-depth knowledge of their industry and with a world-spanning network.”  

Please also visit the network’s website at www.globalfintechprnetwork.com

Money Management women In Financial Services Awards 2015

Now in their third year, the awards recognise outstanding contributions, product innovation and stellar leadership skills among female financial services industry participants.

PricewaterhouseCoopers partner Anne Loveridge received the night’s top award of Woman of the Year for her pioneering efforts around establishing more flexible working conditions almost 20 years ago. PwC was also named Employer of the Year.

UniSuper scooped an impressive two awards on the night. The fund’s Executive Manager, Member and People Services, Lee Scales, took home the prestigious title of Superfund Executive of the Year and UniSuper’s Danielle Clarke won in the Marketing and Communications category.

Honner client, Suzanne White from Beazley, was also shortlisted for the Life Insurance category.

Other winners of the night included:

• The Industry Advocacy award went to Clare Payne – Founder/COO of The Banking and Finance Oath/Tobacco Free Portfolios

• The Rising Star award went to Lara Neate – Claims Consultant BT Financial Group

• The Financial Planner of the Year award went to Lisa Duggan – Financial planner/director Epona Financial Guidance

Honner congratulates all the winners and finalists.

The view from the Aged Care Summit

You might have heard – Australia’s population is ageing. And as those among us grapple with the realities of planning for retirement and caring for loved-ones in their elder years, financial advisers are also mapping out their role in this significant transition.

With this in mind, Financial Observer this week hosted the Aged Care Summit, providing insights and practical tips for advisers wanting to provide the best possible assistance for clients in their retirement years.

Honner attended the Sydney event. Here are a few takeaways:

• In 40 years almost 1 in 4 Australians will be aged over 65 years.

• In 2013-14, around 10 per cent of the Australian population accessed some form of aged care.

• Increasing rates of dementia mean that when many people reach the age where they need aged care, they don’t have the capacity to make important decisions. Educating clients and helping them plan for older age sooner is therefore critical.

• The growing need for advice aside, there are strategic reasons for advisers to move into the aged care space, including the opportunity to build out a more comprehensive advice proposition and act as a trusted ‘mentor’ and ‘project manager’ for families.

• Aged care advice isn’t just about the best financial outcomes for the client – it must consider complex family dynamics and preferences, for example, the best interests for mum and dad versus their children’s inheritance.

2015 SuperRatings Fund of the Year Awards

Honner last night joined over 400 industry professionals at the 2015 SuperRatings Fund of the Year Awards.

QSuper took out the night’s major award – the SuperRatings Fund of the Year which recognises the sector’s best value end-to-end retirement solution, across both accumulation and pension products

Other winners of the night included:

  • One of our own clients – pengana saw the pengana emerging companies fund take home the prestigious lonsec icon award.
  • AustralianSuper won Pension of the Year, recognising the best value for money retirement product.
  • The Rising Star Award went to Local Government Super.
  • The Lonsec Innovation Award was awarded to the Triple 3 Volatility Advantage Fund.
  • The BTIM Retirement Innovation Award, was won by Mercer senior partner David Knox for his contributions to the industry.

Honner congratulates all the winners and finalists.

Honner’s Asian agency partner Ryan Communication opens Shanghai office

Ryan Communication, Asia’s leading independent strategic communication consultancy, has announced the opening of a Shanghai office, the company’s third in the region, to support increasing needs of global companies in China.

The office is headed by senior communication professional and China native, Oscar Wang. He will be responsible for developing and delivering communication strategies on behalf of clients, including financial companies, professional services firms and corporates. Wang will also advise clients on market entry communication, transactions, issues management, stakeholder engagement, media relations and social media activity.

Damien Ryan, Founder and Managing Director of Ryan Communication, said: “We are seeing an increasing number of client mandates for strategic communication support in China, particularly with ongoing market reforms, which is creating additional business opportunities for our clients

Our consultancy is also experiencing strong growth across the region, given our unique position as Asia’s leading independent strategic communication firm, and a Shanghai office is a natural evolution in our exciting story.”

Prior to joining Ryan Communication, Wang was with an international consultancy that specialises in financial and corporate communication. His role included advising international and Chinese financial institutions on communication strategy, positioning, issues management and investor relations for the Greater China region.

Oscar Wang, Head of Shanghai at Ryan Communication, said: “I am excited to join the Ryan team as we embark on the next stage of regional expansion. The team clearly brings a fresh approach to the communication industry in Asia. Ryan Communication is an industry-leader with a growing list of leading international and local clients who value a boutique approach, deep sector expertise, local knowledge and regional reach.” The Shanghai office will partner closely with Ryan Communication’s operations in Hong Kong and Singapore to deliver integrated solutions as a single company, simplifying accounting and resource allocation for global clients.

Ryan Communication, like Honner, is a member of the Global Financial Communication Network (GFC/Net www.gfcnet.com) – a prestigious financial and corporate communications agency network bringing together leading independent public relations consultancies in the world’s major financial markets. Through this network we are able to leverage global insights and contacts across the spectrum of financial PR and public policy campaigns.

Honner unveils brand refresh

In a bid to ‘walk the talk’ on the changing role of PR, one of Australia’s leading consultancies has dropped the word ‘media’ from its name, as part of a brand refresh.

Honner, an 18-year-old agency specialising in corporate and financial PR, says the new brand reflects its work more accurately.

“To better reflect what we do for clients we are dropping the word ‘media’ from our brand. Of course, media remains an important channel and we will continue to build great media relationships, but the role of communications professionals has evolved to encompass multiple channels and modes of delivery,” said Philippa Honner, founder and managing director.

“We deliver holistic communications support with a focus on strategic advice – helping our clients actively position their brand and connect with stakeholders across a range of channels and platforms. So it’s about much more than media in today’s market”.

The new website – www.honner.com.au – outlines seven core areas of service and demonstrates the agency’s breadth of expertise. The website will also expand to become a news hub to keep clients abreast of the latest industry news, issues and events.

“The Honner team is excited about this evolution of our brand and we will continue to work with existing and new clients help them deliver tangible outcomes for their business,” said Ms Honner.