OneVue adds retail superannuation product to platform
OneVue has announced that retail superannuation fund OneStepSUPER has been added to its unified managed account (UMA) platform for financial advisers.
With the superannuation product now available, a client's total wealth (including superannuation investments) can now be transitioned across to OneVue's comprehensive platform.
OneVue's clients now also have the ability to invest in managed portfolios, which they were only capable of doing through the platform provider's separately managed accounts and selected wholesale managed funds.
OneVue chief executive Connie McKeage said the retail superannuation product offering provides more options to clients, which will become increasingly important amid incoming regulatory change.
These options include the ability to have an accumulation account, as well as transition-to-retirement and account-based pension options.
"It will be possible to increase cover with the occurrence of particular life events without medical underwriting, with competitive group insurance premium rates paid tax-effectively from client's account," McKeage said.
She added that OneVue had selected Diversa Group as the superannuation administrator and Diversa's subsidiary company CCSL Limited as the third party superannuation fund trustee.
OneVue stated that it will also look to extend the range of the retail superannuation offering over the next 12 months.
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