Ignition Wealth partners with BT Panorama
Ignition Wealth has announced it is partnering with BT Panorama to offer its digital advice solution to accountants, advisers, and investors using the BT Panorama platform.
The digital advice provider said its 360 advice offering would offer a post-Future of Financial Advice (FOFA) compliant solution for accountants and financial industry professionals who did not hold an Australian financial services licence (AFSL) but were looking to source financial advice for their clients in a post-FOFA environment.
Ignition Wealth chief executive, Mark Fordee said: “For accountants, the move provides a post-FOFA solution that enables them to source advice for their clients in an efficient and, most importantly, compliant manner”.
This deal marked the first of the major financial institutions to select an independent digital financial advice provider to provide an advice offering, Ignition Wealth said.
Advisers, accountants, and investors using BT Panorama would have access to digital and full service financial advice powered by Ignition Wealth from Q3 of 2017.
The robo solution would allow the investor, adviser, and accountant authorised access to the investor’s account to review their portfolio and transactions in real time.
“Our clients retain ownership of the investor’s business relationship with them, and design a unique advice experience to match the business’ needs and brand,” Ignition Wealth said.
AUTHOR
Malavika Santhebennur
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