Advice fintech exec moves to retirement space
A former Ignition Advice executive has taken up a role at Allianz Retire+.
Robert Coulter was formerly head of clients — APAC at the firm from January 2021 until earlier this month.
At the time of his departure, he reflected on the impact the firm had made in the digital advice space, which was raised in the government’s response to the Quality of Advice Review released this week.
He had worked closely with former chief executive, Craig Keary, who also stepped down from the CEO position in March. He joined Ignition in 2021 following a return to Australia from Asia and worked to strengthen Ignition’s position in the Australian market and secure a strategic investor.
Keary still worked at the firm as a senior adviser for Asia Pacific at the firm.
Coulter had now taken up a role as national platform and research relationship manager at Allianz Retire+.
Writing on LinkedIn, Coulter said: “The Retirement Income Covenant and the announcement about the Quality of Advice Review demonstrate that there will be significant focus on smart, next generation retirement solutions.
“I am looking forward to working with the team to progress this conversation with our industry colleagues.”
Allianz Retire+ had been actively promoting its Allianz Guaranteed Income for Life (AGILE) product that offers retirees a lifetime guaranteed income.
Its development had been prompted by the Retirement Income Covenant as well as a call to action from the Australian Prudential Regulation Authority (APRA) for life companies to deliver the next generation of solutions.
It had also partnered with Link Group to allow its super fund clients to access the product that would be accessible on Link Group’s retirement platform Pathfinder in the second half of 2023.
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