Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter

Digital advice provider launches white label service

data platform smsf
Miranda Brownlee
23 April 2018 — 1 minute read

A digital advice provider has launched a white label service aimed at accountants and advisers providing SMSF advice under an AFSL.

Digital advice provider Plenty Plus has built a white label service which will enable accountants and advisers who provide SMSF advice under an Australian Financial Service Licence (AFSL) to generate statements of advice (SOAs) on single topics such as setting up SMSFs, buying property in super, starting pensions and contributing into super.

Plenty Plus co-founder Josh Golombick said the SOAs produced under the white label service are not templates and can be given to the client without the accountant or adviser spending extra time editing the document.

Advertisement
Advertisement

Plenty Plus co-founder Greg Einfeld said from 1 July 2016, accountants have been unable to provide advice relating to SMSFs without obtaining their own AFSL or becoming an authorised representative of an AFSL.

“Those who did get a licence have found the production of SOAs very cumbersome with research showing that accountants are taking an average of 6.8 hours to produce an SOA for a typical SMSF client. Financial planners aren’t faring much better – taking 6.3 hours on average,” said Mr Einfeld.

“Plenty Plus’s White Label service looks to solve this dilemma by giving accountants and planners the ability to generate SMSF specific SOAs entirely online.”

Miranda Brownlee

Miranda Brownlee

 

Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.

Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates. Miranda has also directed SMSF Adviser's print publication for several years. 

Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.

You can email Miranda on: This email address is being protected from spambots. You need JavaScript enabled to view it.

Digital advice provider launches white label service
data platform smsf
smsfadviser logo
join the discussion

Latest poll

What is the best solution to improve access to SMSF advice?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.