New Clearview wrap links to SMSFs
ClearView Wealth has launched new a private label wrap platform for superannuation, retirement income and investor-directed portfolio service (IDPS) accounts that can link insurance cover in and out of superannuation - including self-managed super funds (SMSFs).
The WealthSolutions platform will be distributed by ClearView financial planners under the ClearView brand and will include managed funds, Australian Securities Exchange-listed securities and term deposits held in superannuation, pension or IDPS wrap accounts, according to ClearView.
Clearview said the investment menu will also offer seven ClearView-managed investment funds (Australian shares, international shares, emerging markets, international listed infrastructure, fixed interest, property and cash) and four ClearView-run model portfolios (moderate, balanced, growth and aggressive).
The release is accompanied by a new suite of life advice products and services called LifeSolutions, which will be sold by independent financial advisers and ClearView planners, and include life cover, total and permanent disability, trauma, income protection and business expenses cover.
Cover can also be purchased via a ClearView 'risk super' version called LifeSolutions Super.
It will feature the ability to link cover in and out of superannuation, including self-managed super funds. Premiums can be funded through annual rollovers from any superannuation fund including WealthSolutions super accounts, Clearview stated.
Recommended for you
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
