In a statement, Aberdeen said it would also provide a range of managed portfolio solutions on the HUB24 platform to help advisors meet clients’ savings, investment and retirement income needs.
The company announced plans to provide HUB24 with the first custom solution to help advisors better serve clients, followed by a solution for employers who want to give their employees tools to better manage their finances and access information. profitable financial advice.
Additionally, Aberdeen said another offering helping advisors provide personalized retirement income solutions will be available in early 2021.
Aberdeen Australia Managing Director Brett Jollie said the HUB24 partnership was a first step that would change the face of traditional financial planning and investing in Australia.
“Not only will this allow advisors to stay in touch with more clients, but it will also provide them with the tools needed to help more clients with their long-term savings. Baby boomers about to retire need reliable, personalized retirement income solutions,” said Mr. Jollie.
“Improving the efficiency of the advice journey, combined with more informed decision-making and tailored investment solutions, will ultimately result in better outcomes for consumers. »
Jason Entwistle, HUB24’s director of strategic development, said the solution provides an accessible option for customers who want financial advice but are discouraged by perceived barriers.
“No product solution to date has been successful in this market segment, so we are really excited to be working with Aberdeen Standard Investments to bring this product to market,” Mr Entwistle said.
