Aon Hewitt to offer direct option on platform



Aon Hewitt has added a direct investment option to its Aon Master Trust partnering with Lonsec to allow clients access to ASX listed shares, exchange traded funds (ETF) and term deposit products.
The direct option will have adviser enabled access but direct investors must have $30,000 in an Aon Master Trust superannuation account and will be restricted to investing only 70 per cent of that fund into the shares, ETFs or term deposits.
Aon Hewitt principal Steven Clarke said the partnership with Lonsec provided a fully integrated research and stockbroking solution operating inside a live tax environment providing transparent investment holdings for clients.
Lonsec said the direct option offering was the result of two years work in refining the service which was designed around the needs of the end users.
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.