SMSF administrator Triple A Super has announced it will provide its services through automated advice provider Ignition Wealth, creating a seamless administration and investment advice platform for SMSFs.
Triple A Super said its newly launched Preset administration service with online reporting delivered significant business efficiencies and data accuracy.
Its clients include wealth advisers and accountancy practices servicing SMSFs.
The integration with Ignition Wealth’s technology to add an automated online advice solution to the administration offering would further improve efficiency and maintain accuracy, it said.
A key efficiency advantage to wealth advisers and accountancy practices servicing SMSF clients would be the automated generation of a compliant statement of advice, it said.
“The rapid adoption of technology in financial services is driving the trend towards a full-service, one-stop shop for advisers with SMSF clients,” Triple A Super chief executive Brian Pedretti said.
“Preset has already been approved by a large number of dealer groups and independent financial advisers.
“The integration with Ignition Wealth will enable advisers to receive a data feed of portfolio assets from Triple A Super directly onto Ignition’s automated advice solution for SMSFs.”
Ignition Wealth chief executive Mark Fordree said the partnership and integration with Preset provided a seamless administration and investment advice platform for SMSF administration.
“This solution is affordable, compliant and a consumer first,” Fordree said.
The Ignition Wealth software technology continued to develop at a rapid pace, he added.
Future technology releases will deliver a holistic consumer experience providing comprehensive guidance to SMSF members, including advice on super contribution levels, commencing pensions and SMSF asset investment.
Online tools and calculators will allow customers to easily create an annual spending budget and calculate the date at which they can afford to retire.
