Ripoll joins robo-advice board

appointments/robo-advice/fintech/financial-advice/

25 May 2016
| By Staff |
image
image image
expand image

Former Federal Labor MP, Bernie Ripoll has been appointed as a director of robo-advice focused group, Map My Plan.

Ripoll, who was integral to a number of Parliamentary Committee inquiries into the financial planning industry, departed the Parliament this year and described his decision to become a director as reflecting his desire to continue to be involved in the advice sector.

"FinTech is clearly having a transformative effect on financial services and the way the industry meets customer needs," Ripoll said.

"Joining Map My Plan gives me the opportunity to help bring great advice to the majority of Australians currently missing out and to do something positive with my years of experience in Parliament and Government."

"Map My Plan is unique in that it provides advice without selling any financial products — it just focuses on advice which will help people make well informed financial decisions," he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

6 days 9 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3