IRESS to acquire Innergi
Major financial planning software provider, IRESS has further strengthened its market influence by agreeing to acquire personal finance content provider Innergi.
The acquisition, to be completed by 1 July, will see the integration of Innergi's content and IRESS' wealth management solutions.
"There has been a significant increase in demand from advisers for new ways to engage with their clients, particularly digitally. Tools such as those provided by Innergi allow advisers to engage meaningfully with clients face-to-face and online," IRESS managing director for wealth management, Australia and New Zealand, Tizzy Vigilante, said.
"Areas such as scaled and guided advice are also growing and provide further opportunities for use of this content. We are excited about this opportunity to combine XPLAN and Innergi's content to further strengthen our offer to clients."
Recommended for you
TAL has introduced four new courses to its Risk Academy focused on ethical dilemmas as part of Ethics Month to help advisers meet their CPD requirements.
Unadvised Australians believe they need $2 million to retire comfortably, according to Colonial First State, a wide variance compared to advised individuals which estimate $1.3 million.
Financial advisers can now access Vanguard’s diversified managed account strategies on HUB24 and Netwealth, marking a “significant expansion” through new distribution channels.
The heads of two financial advice licensees have joined the board of the Financial Services Council as it looks to deepen its engagement with the space and strengthen its representation.