BT Panorama, the wealth management arm of Westpac bank, has signed a fintech deal with digital financial advice provider Ignition Wealth to power its digital financial advice divisions.
Following the agreement, investors, advisers and accountants using BT Panorama will be able to acess Ignition Wealth’s digital advice solution from the third quarter of 2017.
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Ignition’s ‘robo-assisted’ model gives customers the option of self-serve use, receiving some support or accessing full advice from either their own adviser or a member of Ignition Wealth’s in-house team.
Ignition Wealth CEO Mark Fordree said: “We are delighted to be working with BT to deliver a truly customer-first solution to their accountants, advisers and investors. For accountants, the move provides a post-FOFA solution that allows them to source advice for their clients in an efficient and, most importantly, compliant manner.”
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