Perpetual launches superannuation wrap


Perpetual has announced the launch of its new superannuation wrap, Perpetual Private Super Wrap.
With the roll-out of the expanded investment platform scheduled for early next year, Perpetual stated that the wrap is several months ahead of schedule.
"It enhances the ability of Perpetual's advisers to service their clients and gives us the scale and capability to grow at a faster pace," said Perpetual chief executive and managing director Geoff Lloyd.
Group executive of Perpetual Private and head of retail sales Nick Langton added that the wrap is an important milestone in Perpetual's client experience program and complements its current client offering by providing a superannuation service designed exclusively for Perpetual clients.
Super Wrap provides clients with access to over 225 managed funds offered by 60 investment managers and a list of ASX-listed equities including hybrids, term deposits and model portfolios, Perpetual stated.
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.