Moneysoft partners with Mortgage Choice
Mortgage Choice is honing in on accessibility to transparent advice by launching a new financial planning tool in conjunction with Australian fintech firm, Moneysoft.
Mortgage Choice Financial Planning would offer the tool, MoneyTrack, as part of its cash flow coaching service to assist its advisers with the provision of affordable and transparent advice.
“[It] will provide a robust basis for the advice we currently provide to help manage their cash flow,” Mortgage Choice Financial Planning general manager, Tania Milnes said.
“It gives clients an easy to understand tool that provides a clear picture of their spending and saving habits and helps steer the conversation around achieving their financial goals.”
The partnership would also provide potential for Moneysoft to support any further automation of processes and systems required in the Mortgage Choice Financial Planning system.
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.
