SMSF administrator partners with Ignition Wealth
Self-managed superannuation fund (SMSF) administration provider, Triple A Super, has partnered with robo-advice provider, Ignition Wealth to provide online, automated administration services and an investment advice platform.
Clients, who include wealth advisers and accountancy practices offering SMSF services, would be able to access online reporting and administration services as well as the automated generation of a compliant statement of advice.
Triple A Super chief executive, Brian Pedretti, said its newly launched Preset administration service had already been approved by various dealer groups and independent financial advisers (IFAs).
"The integration with Ignition Wealth will enable advisers to receive a data feed of portfolio assets from Triple A directly into Ignition Wealth's automated advice solution for SMSFs," Pedretti said.
Ignition Wealth said its future technology launches for SMSF members would include advice on super contribution levels, starting pensions, and SMSF asset investment.
This would include online tools and calculators that would allow customers to create an annual spending budget and calculate when they could retire.
AUTHOR
Malavika Santhebennur
Recommended for you
ASIC has banned another two former financial advisers of MWL Financial Services of making inappropriate advice to clients regarding the Shield Master fund, following two bannings earlier this month.
Two surveys from CoreData and Vanguard have shared the level of trust the Australian public has in financial advisers, and how it has changed since the Hayne royal commission.
The Financial Advice Association Australia has stated it is “working closely” with the Financial Services Minister, Daniel Mulino, to remount the inquiry into Dixon Advisory by the Senate economics references committee.
Australian wealth manager Shaw and Partners has appointed a national head for its private wealth division, which has over 200 advisers and $40 billion in assets under management.
