Source: Aviva Australia
Aviva Australia today announced that it has further enhanced its share trading functionality on the Navigator platform by allowing advisers to chose from a fully integrated panel of brokers, in addition to a default online broker.
Andrew Barker, general manager, wealth management products said that the new panel of brokers will now make it easier for advisers to bring shares onto the wrap.
"The panel of brokers will make it even easier for advisers to trade and report on shares on a wrap. Advisers will also be able to tap into the expertise and research of brokers such as Shaw Stockbroking, Tolhurst Ltd and Bell Financial Group.
"The panel was chosen by Aviva in consultation with financial advisers and allows them to retain existing relationships with their broker houses. Using Navigator's adviser software, n-link, advisers can set up a default broker for all share transactions or choose a broker on a trade-by-trade basis," he said.
Mr Barker also added that Navigator's unique solution was fully integrated and adds to share functionality which was a key driver behind Navigator being recognised as one of the best platforms for self-managed super funds*.
"Navigator provides fully integrated, seamless functionality which enables straight through processing of transactions.
"Providing choice of broker is a key part of share trading flexibility. We expect competitors to follow Navigator's lead in this area," said Mr Barker.
Shaw Stockbroking is now available on the Navigator platform. Tolhurst Ltd and Bell Financial Group will join the panel next month and Goldman Sachs JBWere and Ord Minnett are expected to follow shortly after.