Ann: Intiger Confirms Strategic Focus on Fintech Advice Solutions, page-42

Yeah not saying its a problem, would have just liked greater clarity. I could see this announcement being made for the following reasons:

1. Business review conducted following royal commission and likely changes to the financial planning industry.
2. Continued DD on possible acquisitions which may have been slightly different to FP advice production/admin but they decided to focus on FP side of things instead of branching out.
3. Sales staff were just not achieving anything so hasn't been worth employing them. Restructure to reduce expenses and therefore cash burn.

Might be a combination of all 3, its just a bit light on detail really. I think any of the above are reasonable IMO but a business generally reviews operations in a time it isn't exactly firing on all cylinders so clarification would have been nice.