Link super accounts and save
Linking a self-managed super fund account with a similar account belonging to family or friends has resulted in big savings for plenty of Australians.
Since its launch in April, 2007, the Aviva Navigator platform, which provides a simple online method of linking multiple accounts together and treating them as one for pricing purposes, has provided significant benefits to almost 12,000 accounts.
The significant take up by customers has validated the market-leading approach, according to the company’s general manager of wealth management products Andrew Barker.
And the savings are at their greatest when there are three or four separate high-net-worth accounts in the group.
“In some cases it is possible to have savings of over 50 per cent,” Barker said.
“No other platform combines this simple online account linking functionality with the substantial size of the discounts available.”
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
