Link super accounts and save
Linking a self-managed super fund account with a similar account belonging to family or friends has resulted in big savings for plenty of Australians.
Since its launch in April, 2007, the Aviva Navigator platform, which provides a simple online method of linking multiple accounts together and treating them as one for pricing purposes, has provided significant benefits to almost 12,000 accounts.
The significant take up by customers has validated the market-leading approach, according to the company’s general manager of wealth management products Andrew Barker.
And the savings are at their greatest when there are three or four separate high-net-worth accounts in the group.
“In some cases it is possible to have savings of over 50 per cent,” Barker said.
“No other platform combines this simple online account linking functionality with the substantial size of the discounts available.”
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
