More than 23,000 members of the Retirement Planning Association of Australasia (RPAA) will now have access to robo-adviser Ignition Wealth's online investment platform.
The platform provides a full suite of investment advice tools and educational materials, according to a statement by Ignition Wealth.
The partnership marks the first major distribution agreement for Ignition, which became the first automated advice firm to be granted an AFSL earlier this year, the statement said.
"We identify with the goals of the RPAA and under our agreement, their 23,000 members will gain access to independent, transparent and low-cost financial advice," said Ignition Wealth chief executive Mark Fordee.
Ignition has also appointed former Mercer executive Mark Clayton as its head of investment and experienced marketer Sally Humphris as business development manager, the statement said.
The company's white-labelled online and mobile financial calculators, illustrators and advice tools are already used by a number of major industry funds to engage with members, Ignition said.
A former MLC Australia executive has become the national practice manager at licensee Wealth Market. ...
A new report has predicted there will be just over 13,000 advisers left by 2023, as the older practitioners who still dominate the industry retire in...
The managed accounts platform has signed on as a gold partner for this year’s Adviser Innovation Summit. ...
Get notifications in real time and stay up to date with content that matters to you.
