Australia: Navigator Super Solutions launched

Navigator today launched its latest offering to independent financial advisers – Navigator Super Solutions.

Navigator Super Solutions is an enhanced version of the successful Norwich Union product of the same name, bringing a comprehensive corporate superannuation service onto the Navigator platform for the first time.

Offering members access to over 45 investment options from 22 leading investment managers, members can choose between the following three investment approaches:

• Pre Select - members choose from a range of six new multi-manager style funds
• Self Select - members can choose their own investment options and managers
• A combination of Pre Select and Self Select - members can create their own mix of both Pre Select and Self Select funds

The new Navigator Super Solutions Pre Select and Self Select options include:

Pre Select options	Self Select options
Pre Select Conservative Fund	Vanguard Australian Fixed Interest Fund
Pre Select Balanced Fund	Vanguard Property Securities Index Fund
Pre Select Growth Fund	INVESCO Wholesale Australian Smaller Companies Fund
Pre Select High Growth Fund
Pre Select Australian Equity Fund
Pre Select International Equity Fund

Speaking about the changes, Norwich Union CEO Allan Griffiths said the launch of Navigator Super Solutions was a natural progression for a product that already has proven success with advisers.

In 2002, Norwich Union had outstanding growth in the employer superannuation market, with a 200 per cent increase in net new business¹ in Super Solutions - reflecting the growing recognition of Norwich Union’s expertise in the provision of superannuation products.

“Super Solutions is a comprehensive superannuation plan, enabling advisers to provide greater flexibility and choice to their clients in the selection of superannuation investments. By adding this product to the Navigator platform we are acknowledging the growing strength of the Navigator brand with investors,” he said.

One of the strengths of Navigator Super Solutions is complete on-line access to product and account information via the navigator.com.au website.

Employers and members can keep up to date with their investments via on-line member statements or by contacting Navigator Super Solutions Client Services team on 1800 814 899.

Navigator Super Solutions also creates simplicity for advisers – offering them a single access point to corporate and personal superannuation and wealth protection products.

From today, Navigator Super Solutions product information will be available via the Navigator website - navigator.com.au.

Allan Griffiths is available for interview.

For further information, please contact:
Simon Morgan
Group General Manager Public Affairs
(03) 9829 8892

¹ DEXX&R - Employer Superannuation Market Share Report 2002.

Note to editors:

• Norwich Union Australia is a group of two specialist financial services companies; Navigator and Norwich Union Life. Portfolio Partners, the funds management arm, is aligned with Morley Funds UK. Through these companies we provide products and services in the areas of wealth creation, wealth management and wealth protection for more than 300,000 customers throughout Australia.
• Globally, Norwich Union Australia is part of Aviva plc, the world’s seventh largest insurance group, the largest insurer in the UK and one of the top five life companies in Europe. Aviva was formed in May 2000 through the global merger of CGU plc and Norwich Union plc.
• Aviva’s principal business activities are long-term savings, funds management and general insurance. It has a market capitalisation of approximately A$34.4 billion at 13/01/03, worldwide premium and investment sales of more than A$76.6 billion from ongoing business and more than A$556 billion in assets under management. The group has 64,000 employees and more than 25 million customers.
• This document does not contain all the terms and conditions attaching to product benefits and options. For a full list of terms and conditions please refer to the Product Disclosure Statement. A policy for insurance cover or an application for an issue of an interest as described in this document can only be effected after completion of the application form contained in a current Product Disclosure Statement for the product.

  The information in this document reflects Norwich Union's understanding of existing legislation, proposed legislation, rulings etc as at the date of issue. While it is believed the information is accurate and reliable, this is not guaranteed in any way. The information is not, nor is it intended, to be comprehensive or a substitute for professional advice on specific circumstances.

  The securities advice or information given in this document is of a general nature and has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of the advice above, a prospective investor needs to consider, with or without the assistance of a professional adviser whether the advice is appropriate in the light of their particular investment needs, objectives and financial circumstances.