Hostplus and Iress have announced an integration between Iress’ Xplan financial planning platform and Hostplus’ Self-Managed Invest (SMI) onboarding solution.
The integration would provide financial advisers using Xplan with the ability to initiate, complete and lodge their investor client’s SMI applications directly from Xplan.
The initiative between Iress and Hostplus’ SMI administrator, Citi, would improve adviser efficiency and make it easier for advisers to streamline onboarding of new and existing clients into Hostplus SMI.
This initiative also followed the recent integration of Hostplus SMI data feeds into Xplan, where Hostplus partnered with Iress to provide daily SMI data feeds into Xplan, allowing advisers to manage their client’s SMI investments via the Xplan platform, rather than having to login to multiple product portals.
Hostplus’ group executive, Paul Watson, said the ability for advisers to now integrate SMI data directly into Xplan, and the launch of a Hostplus Adviser Portal, further demonstrated the fund’s ambition to work with advisers and to help to reduce their administration effort.
“We are continuously looking for ways to provide advisers with the products, tools and solutions to help them achieve greater efficiencies across their businesses and to strengthen their service and support for their SMSF clients,” he said.
Watson said the Xplan integration was also now further supported by Hostplus increasing business development and support resources dedicated to serving the financial planning community.
“Together, these form part of a wholistic adviser support structure that we are developing and rolling out to deliver quality service and investment solution outcomes for advisers and their clients,” Watson said.
