Non-aligned MyPlanner picks up Ballast planners

Speaking to ifa, MyPlanner's managing director, Philippa Sheehan, said that the four planners were all from Queensland and the group is also processing three new applications from planners who have agreed to join after its recent PD in Sydney.

Commenting on the additions, Ms Sheehan said: "MyPlanner runs a traditional servicing model where we highly engage with our planners and treat them as individuals, not as a potential product writers. If it's in the client's best interest to provide just a strategy statement of advice, then we encourage it.

"We continue to be contacted by prospective planners who are looking for a licensee who focuses on objective-based advice, strategies and solutions where client outcomes can really be achieved."

In August, MyPlanner added five new representatives with much interest from institutional licensees.