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Profit boost initiative at pharmacy chain

Sarah Stowe

A pharmacy group is introducing financial advice to help its 650 members boost their profits and grow their wealth.

Pharmacy Alliance is Australia’s largest independent pharmacy group and has established Alliance Family Wealth (AFW).

Simon Reynolds, executive chairman and pharmacist, Pharmacy Alliance, said “One of the key goals of Alliance Family Wealth (AFW) is to investigate and introduce ways to increase the _wealth of Pharmacy Alliance member owners by increasing their profits.

“Partnering with Ignition Wealth allows us to also support our members as they grow their wealth through investing, using digital financial advice.”

AFW will launch within the next few months.