Specialist robo advice firm, Ignition Wealth, announced this week it had signed an agreement with the Retirement Planning Association of Australasia (RPAA).
Describing the arrangement as the first major distribution agreement for Ignition, it said the RPAA’s more than 23,000 members would now be able to access the company’s online investment advice platform.
Commenting on the arrangement, Ignition Wealth chief executive, Mark Fordee said his firm identified with the goals of the RPAA and under the agreement members would gain access to independent, transparent and low-cost financial advice.
The announcement said that Ignition was rapidly expanding ahead of its planned launch in September and recently appointed former Mercer executive Mark Clayton as head of investment and experienced marketer Sally Humphris as business development manager.
