Independent planning group updates wrap options

chief executive

10 May 2005
| By Liam Egan |

The Association of Independently Owned Financial Planners (AIOFP) has expanded the range of platform options it offers members, adding a superannuation and pension facility to its in-house Personal Choice eWrap service.

The Personal Choice wrap product is a badged version of the Asgard eWrap, which AIOFP offers exclusively to its members.

Up until now, AIOFP had offered only Asgard’s investment products through the wrap.

The changes mean the association, which has 1,400 advisers as members and $10 billion under management, will now also offer Asgard’s superannuation and pension products through the wrap platform.

AIOFP chief executive Peter Johnston said the wrap would now offer a much more complete range of product options for members.

Geoff Lloyd, chief executive of Asgard parent Sealcorp, said the new services on the wrap would give AIOFP members more opportunities to grow their business.

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