netwealth adds TAL to wrap facility
Privately owned platform provider netwealth has struck a deal with major insurer TAL to add the TAL Accelerated Protection product to its LifeWRAP facility.
The LifeWRAP facility provides access to multiple insurance options and providers via the netwealth superannuation products and wrap services.
netwealth claimed the addition of TAL represented a major enhancement, allowing greater choice, strategy and design implementation options that would complement its existing arrangements with AIA Australia.
“As a result of the new feature, netwealth users will have a convenient centralised platform where they can service their clients’ investments and super needs, as well as their life insurance requirements,” netwealth executive director Matt Heine said.
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.
