Business as usual at IntegraTec
B4Bco’s decision to shelve its financial planning Web site finplan.com will have no affect on its training and development company IntegraTec.
B4Bco’s decision to shelve its financial planning Web site finplan.com will have no affect on its training and development company IntegraTec.
“The Web site has been put on hold and we were to be a central part of that but in the meantime, life continues as normal,” says Integratec managing director John Prowse.
Prowse says IntegraTec has good business plans for the year ahead, including programs which are the equivalent of the diploma of financial planning (DFP) modules and a PS146 assessment program.
“We have just finished writing a module which is equivalent to DFP5,” Prowse says. “That’s currently in the process of being accredited by the FPA and VETAB [the Vocational Education and Training Advisory Board]. We are moving on to write more modules equivalent to other DFP modules and we are also making great strides in our assessment program for PS146.”
Prowse says that Integratec will be developing online training and assessment products later in the year.
“None of the changes involving B4Bco affect us,” Prowse says.
“They [B4Bco] are just doing the prudent thing given the market — and you’d be criticising any Internet company which didn’t at the moment.”
Recommended for you
Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management.
Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2030.
ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.
Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline.