Our Own AFSL
Ignition Wealth holds our own Australian Financial Services License (#470605) which allows us to design and recommend model investment portfolios. We have had our own AFSL since 16 February 2015.
We have designed our own procedures and processes to ensure the traditional financial advice requirements are fulfilled in an online environment.
This is a new area of regulation and we remain engaged with the regulator as they formalise the digital (robo) advice Regulatory Guide.
Ignition Wealth has our own Risk and Compliance committee which utilises external compliance consultants and lawyers to ensure we meet or exceed compliance guidelines, to go some way in redeeming the public’s trust in our industry.