Hostplus Super has announced a partnership with Iress' Xplan financial planning platform which will enable financial advisers to use Xplan to lodge Hostplus Self-Managed Invest (SMI) clients' SMI applications directly from Xplan.
Hostplus SMI is Hostplus' offering for self-managed superannuation fund investors which enable them to directly access some of Hostplus' investment options for their SMSFs.
Daily Hostplus SMI data feeds are already available on Xplan and Hostplus group executive member experience, Paul Watson, said the initiatives are further demonstration of the fund's intent to work with advisers.
"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.
In another achievement which will also be helpful for advisers, research house Lonsec has given three Hostplus SMI options - Balanced, Infrastructure and Property - 'recommended' ratings. The Hostplus SMI Indexed Balanced Option already has a recommended rating.
"To have four Hostplus' options recommended by Lonsec is a fantastic achievement, as their ratings are not only highly respected and trusted by the industry, but they are also viewed as a reliable indication of the product's overall quality and ability to meet its objectives," Watson said.