BGL managing director Ron Lesh said the Ignition Wealth SMSF Appropriateness Guide allows accountants who do not have an AFSL to maintain their status as the key relationship holder and trusted adviser while ensuring that their client receives advice from the digital advice provider.

“A key advantage of the Ignition Wealth hybrid digital advice solution is that it is easy to use, scalable and is ready to assist the large number of SMSFs that require advice,” said Mr Lesh.

Ignition Wealth head of sales and marketing Richard Liverpool said training is provided and the fees are paid per client which “are only payable when the client’s statement of advice is produced”.