AIA extends platform presence
Big insurer, AIA Australia has expanded the number of platforms on which its Priority Protection insurance range will be available to advisers and consumers.
The company announced that its AIA Vitality product was now available on the following platforms -
Asgard, HUB24, LifeFocus, Personal Choice Private, PowerWrap, Portfolio Care, and netwealth, and that it would be available via the IOOF Pursuit platform later this year.
AIA Australia chief executive, Damien Mu, said the integration of AIA Vitality with PPPI on the platforms would allow more advisers to purchase it through their preferred platform.
“We know that platforms are becoming an increasingly popular business channel for advisers to write risk, so we’ve got to make sure we tailor our products accordingly,” he said.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
