Bendigo Wealth to add MySuper product

26 May 2011
| By Chris Kennedy |
image
image
expand image

Bendigo Wealth will be looking to add a MySuper-compliant product to its low-cost Trinity3 platform in the first quarter of the next financial year.

The group has its own separately managed account with the Trinity3 product that is getting good traction with its retail customers and independent financial advisers want to know if they can provide the same sort of product to their clients, said Bendigo Wealth executive John Billington.

Billington also said he would be looking to sign off on a new income fund to build the group’s funds capability that would be launched in the next month or two, and an index fund that would be available in the first quarter of the next calendar year.

The changes come on the back of strong interest in the unified Bendigo Wealth brand, which was launched early last month and brought together the bank’s previously separate wealth management services, including Adelaide Bank, Leveraged Equities, Sandhurst Trustees and its low-cost investment platform Trinity3.

Billington said he was surprised by the level of interest, with the site recording three times the average number of click-throughs.

“We’ve had a great mix of existing Bendigo retail customers and new customers and also financial advisers wanting to know about the products and services we’re offering,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 13 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 13 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 14 hours ago