Link Group has announced the acquisition of Adviser Network from Lonsec Fiscal Holdings.
The acquisition of the Adviser Network business, which was founded in 2011, would complement the existing product suite provided by Link Group’s Information Digital and Data Solutions (IDDS) business division, Link Group said.
Adviser Network’s product list includes robo-advice services, Super Blueprint, which provides advice across investment choice, retirement adequacy, superannuation contributions and insurance.
IDDS chief executive, Paul Gardiner said: “The acquisition of Adviser Network is firmly in line with Link Group growth strategy”.
“Superannuation funds are increasingly tapping into the power of technology to improve the member experience, and via the digital expertise of Adviser Network, Link Group will be even better placed to assist funds to develop bespoke solutions.”
Lonsec Fiscal CEO, Amanda Gillespie said Lonsec would focus on new developments including the soon to be launched Lonsec Connect, which would change the way people approached analysing financial services industry data.
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