NAB Asset Management pushes SMA option
NAB Asset Management has sought to re-emphasise its ability to help advisers deal with separately managed accounts (SMAs).
The National Australia Bank division said it had released its second Benchmark Magazine, which focused on raising awareness and education about the increasing use of SMAs.
NAB Asset Management head of retail sales, Jason Huddy, said the division had been looking for ways to help advisers understand how to make the most of this growing SMA trend and the Benchmark publication represented an important step.
The division's head of new product development, Mark Spring, said that while SMAs had been around for some time, many advisers did not realise the difference they could make to their business.
"By providing them with a hands-on publication with what they really need to know, and a range of supporting resources, we're looking to give advisers an edge in the competitive advice market place," he said.
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