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Robo-adviser joins forces with Heffron, Class

Robo-advice provider Six Park has announced two new strategic partnerships with Heffron and Class as part of its wider plans for 2018.

In a signal the robo-adviser was looking to move into the business-to-business space in 2018, Six Park said it would partner with Heffron to offer a low-cost, digitally driven end-to-end SMSF service.

Heffron co-founder Meg Heffron said Six Park was a business that would give consumers access to a “big end of town” capability at a reasonable price.

“This is a great fit with the work Heffron has always tried to do in bringing high-quality services and great technology to SMSF advisers, accountants and trustees rather than these things always being the exclusive domain of large funds,” Heffron said.

“Six Park is part of a new breed of advisers which is making this happen and we’re really excited to embark on this journey with them.”

Six Park has also signed a partnership agreement with Class to deliver investment and tax reporting solutions to its clients.

Class chief executive Kevin Bungard said the fintech solution would support investors with investment decision-making, daily investment data updates and comprehensive tax reporting.

Six Park has also appointed former Deutsche Bank mergers and acquisitions head Mike Roche to its board. He was already a Six Park shareholder.

It has also appointed Adrian Cretu-Barbul as its new chief technology officer. He has previously worked for Jetstar and Sensis.

Six Park recently completed a $1.9 million fundraising, which exceeded its initial target of $1.5 million.

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