New netwealth wrap targets SMSFs
Platform provider netwealth is set to launch a new wrap specifically targeted at self-managed super funds (SMSFs), enabling them to adjust their investment and insurance requirements to the level of fees they wish to pay.
The new offering - Wealth Accelerator - charges investors only for services they select, coming with a basic 'core' administration service.
"Advisers and their clients have been asking for a real alternative to bank owned products and providers, and Wealth Accelerator provides this," netwealth executive director Matt Heine said.
The platform continues to target the non-aligned adviser sector, with a focus on building services for advisers and their clients "and not those of any institutional parent," he added.
The launch of Wealth Accelerator followed what netwealth regards as a successful launch of Super Accelerator earlier in the year.
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