Aviva today announced a number of enhancements to its retirement products including the addition of the increasingly popular option of exchange traded funds (ETFs) and a much simpler and shorter product disclosure statement (PDS).
Aviva today announced a number of enhancements to its retirement products including the addition of the increasingly popular option of exchange traded funds (ETFs) and a much simpler and shorter product disclosure statement (PDS).
In response to the increasing interest and adviser requests, Aviva has added several new options to the shares list including:
- ETFs
- Listed Investment Companies
- Interest Rate Securities
- Instalment Warrants
- all shares on the All Ordinaries Index/Top 500
Aviva’s ETF options will provide investors with a simple and cost effective investment option, giving advisers greater choice when constructing an investment portfolio.
Aviva has also reduced the size of the PDS by 75% from 67 pages to just 16 pages. This will make it much more user-friendly and easier for customers to read.
Aviva’s Andrew Barker, general manager – wealth management products, said: “By simplifying the disclosure documents we have been able to become more environmentally friendly and save paper, plus we can also respond to market changes quickly.
“ETFs have become very popular recently. Advisers will now be able to provide their clients with more investment options as they will have access to a range of ETFs.
“A recent study by Investment Trends found that the number of advisers and investors ETFs is set to grow significantly and usage has doubled in the past couple of years. The addition of instalment warrants will also allow advisers access to a form of borrowing for superannuation investments.”
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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.