Aviva Australia enhances retirement products

disclosure/ETFs/investment-trends/advisers/

27 May 2009
| By Benjamin Levy |

Aviva Australia has introduced a number of enhancements to its retirement products, including adding exchange traded funds (ETFs), listed investment companies, interest rate securities, and instalment warrants to its shares list, and reducing the length of its Product Disclosure Statement to 16 pages.

Aviva general manager of wealth management products Andrew Barker said the enhancements would allow advisers to offer more investment options to their clients and respond to market changes quickly.

“A recent study by Investment Trends found that the number of adviser and investor ETFs is set to grow significantly and usage has doubled in the past couple of years. The addition of instalment warrants will also allow advisers access to a form of borrowing for superannuation investments,” he said.

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