Australia: Aviva introduces a unique adviser fee based option

In an effort to provide advisers with further flexibility, Aviva’s Business Super product is now offering advisers further choice in fee based remuneration options.

In an effort to provide advisers with further flexibility, Aviva’s Business Super product is now offering advisers further choice in fee based remuneration options.

Following the success of the A$3 per week flat dollar administration fee introduced in March 2008, Aviva Business Super has now delivered a flat dollar adviser remuneration option. Advisers will now have the choice of using either option; a percentage of assets fee model, or a new flat dollar fee model.

Aviva’s Andrew Barker, general manager - wealth management products, said: "Our new flat dollar remuneration option provides advisers and clients with an easy to understand fee structure. Aviva has been working hard with advisers to simplify fee structures to meet the growing demand for the fee for service model and we wanted to provide advisers with the flexibility to choose between remuneration structures."

Aviva’s award winning Business Super offering was nominated by Rainmaker as a finalist in the "Best New Superannuation Product of the Year category – 2008."

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For more information:
 
Ariana Alvarenga
Assistant Manager - Public Relations
Phone: (03) 9829 8985
Mobile: 0409 187 487 

Sue Voglis
Research & Public Relations Manager
Phone: (03) 9829 8057
Mobile: 0408 309 247


Disclaimer

This news release has been provided on the basis that it is only for the information and exclusive use of the particular person to whom it is provided by Aviva (Aviva Australia Holdings Limited ABN 38 095 045 784 and its related companies). While Aviva believes the information in this news release is accurate which in some cases has been provided to us by third parties, Aviva is not making any representation as to the accuracy, reliability or completeness of the information in the news release. Neither Aviva, nor its directors, officers or employees will have any liability to you or any persons resulting from your use of the information in this news release.

The information in this news release is of a general nature and has been prepared without taking into account any person's particular investment objectives, financial situation or particular needs. Applications to invest in a financial product issued by any company within the Aviva group must be made by completing the application form attached to or accompanying the applicable Product Disclosure Statement which is available from Aviva or your financial adviser. Aviva does not receive any remuneration in relation to the provision of the information available from this news release which is of a general nature only.

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