CEO Mark Fordree today announced the launch of the Ignition Wealth SMSF
Appropriateness tool, a software technology solution automating the administration
of the SMSF appropriateness process.
“This is a client-centric solution that ensures that investors considering
establishing an SMSF are engaged, educated and empowered. It offers a
low-cost easy to use solution.”.
Mark Fordree, CEO, Ignition Wealth.
Ignition Wealth sets the benchmark in Australia as a business to business digital
financial advice solutions provider. This technology solution has been designed to
allow advisers, accountants and financial enterprises to reduce the time and cost of
the SMSF Appropriateness process.
“Our clients are seeking smart technology solutions to drive efficiencies in
their businesses and improve services to their clients. For all financial
businesses this is a great solution to reduce time and expense.”.
Richard Liverpool, Head of Sales and Marketing, Ignition Wealth.
Ignition Wealth offers a unique hybrid approach to digital financial advice, providing a
full service spectrum of technology, traditional advice and licensing.
“Post-FOFA, as ASIC increases scrutiny in this area, the accountancy market
has been urgently seeking a compliant solution for their clients seeking SMSF
appropriateness guidance. Ignition Wealth offers them a full service-solution,
and allows them to retain the client within their business.”.
Richard Liverpool, Head of Sales and Marketing, Ignition Wealth.
The Ignition Wealth SMSF Appropriateness tool assists clients as they learn about
the key responsibilities and issues associated with becoming an SMSF trustee. The
tool considers the client’s responses and makes a recommendation depending on
whether they meet the SMSF appropriateness criteria.
Clients complete a comprehensive and easy-to-follow fact find and are then guided
through a learning centre where they engage with information about SMSFs and
trustees at their own pace. The journey includes a meeting with an online adviser
from the Ignition Wealth Advice Team. The investor receives an SoA together with a
recommendation. If the investor is also seeking an investment solution, Ignition
Wealth offers SMSF portfolios. The cost for the full journey, including the meeting
with the Ignition Wealth adviser is $770 (inc GST), offering a very significant saving
on the traditional model.
Should the investor require additional advice, this may be provided by their own
adviser or by the Ignition Wealth team at an additional cost.
Cut+PasteJuly 18, 20179.19am
