Aviva opens for ‘Super Saturday’
In the lead up to the superannuation changes, Aviva has announced it will give advisers more time by keeping its state offices open for a ‘Super Saturday’ on June 30.
This will be the last chance for investors to make changes in order to maximise their super contributions before the new regime comes into effect.
Aviva’s state offices will open from 9am to 4pm on Saturday June 30, and will be able to accept deposits via cheque, which must be accompanied by appropriate paperwork.
Chief operating officer Grant Salmon said that with 14 days to go before the deadline, and the surge in super contributions at Aviva, the extra day will assist investor contributions.
“We find that in many cases advisers need this extra time as they are working through strategies with their clients that are constantly being reviewed. Even one day can make a difference.
“Combined with the dedication of our staff, opening on Saturday enables us to provide greater opportunities during an extremely busy period for advisers. We believe Navigator is the only platform offering to accept contributions on the final day possible.”
To coincide with the expected increase in business after the super changes, Aviva have also launched a permanent ‘evening client transaction team’.
This group has been formed to assist the existing administrative teams, and will work until 9pm Mondays to Thursdays.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.