Equity Trustees will provide an estate planning referral service for Aon Hewitt advisers under a new agreement, which will begin with a pilot program.
The partnership will give Aon Hewitt advisers access to the services and assistance of EQT’s estate planning and wills specialists on behalf of its clients, EQT said in a statement.
“The service is available to Aon Hewitt’s financial adviser network although over time it will be extended to members of the Aon Master Trust and corporate clients,” EQT stated.
Aon Hewitt’s general manager of financial advice, Jayson Walker, said there is an increasing need amongst its advisers for quality estate planning services for their clients.
“Australia’s aging population and the transfer of wealth from baby boomers to their children and grandchildren means that estate planning is an area of key importance to Aon Hewitt advisers,” he said.
“As a licensee we are keen to assist our advisers in ‘future-proofing’ their business wherever we can. One of the ways we hope to do this is by introducing solutions that help our advisers add value to their client relationships, and assisting multiple generations of a client’s family to see the difference that quality holistic financial advice can make to their financial situation is a good way to do that.
Aon Hewitt Financial Advice general manager of operations, David Plant, added the deal will help Aon Hewitt advisers meet Future of Financial Advice requirements by ensuring a full understanding of their clients’ circumstances, and acting in their best interests.
“We therefore piloted a scheme with EQT where our advisers can access EQT’s estate planning specialists and over the next year, the service will be rolled out across the rest of the Aon Hewitt business.”
EQT head of Private Wealth Services Geoff Rimmer noted increased interest from advisers in accessing help with estate planning services.
“Rather than attempt to be all things to all people, many advisers are recognising that a better approach – both for them and for their clients – is to have access to a network of experts that can be called on as and when needed,” he said
Stimulate new ideas. Stimulate new thinking. Top up your CPD points and hear from industry experts with ifa’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD hours. Explore the Knowledge Centre now.
IOOF has completed the first phase migration of its legacy platforms and products on new proprietary super and investments platform, Evolve. ...
The Administrative Appeals Tribunal has rejected an adviser’s appeal for review of an ASIC banning order after he failed to show in court. ...
ROAR Software and Fin365 have partnered up for a new integrated solution. ...