Allan Griffiths
Aviva has announced that it is cutting fees on its Navigator platform by up to 50 per cent at the same time as allowing customers with investments greater than $300,000 to link all their funds, including superannuation and non-superannuation.
Aviva chief executive officer Allan Griffiths said investors could link up to four accounts between any immediate family members, their companies, trusts and even members of a self-managed superannuation fund.
He said the changes meant that if a customer referred family members, their family would get a discount and the customer’s own fees would fall as well.
“At Aviva, we recognise that an individual may have several accounts with us — investments, superannuation, their partner’s superannuation or maybe a self-managed superannuation fund,” Griffiths said.
He said wraps had traditionally priced each account separately, but Navigator’s n-link technology enabled advisers to link clients’ accounts together online.
“The super industry is booming, as is the Navigator platform,” he said. “We’re taking a lead and giving something back to encourage customers to invest,” Griffiths said.
