ClearView said WealthFoundations has been designed specifically for advisers who need a “straightforward and efficient” super and pension product for their clients which still “lets them build a portfolio to match the different needs of each client”.
“The new product offers 14 diversified and single sector Investment Portfolio Service (IPS) Strategies, a LifeStages Strategy and a Guaranteed Cash option,” a statement from ClearView said.
“Using a Trustee implemented model approach, these strategies provide clients with transparency over where their money is invested and offers advisers administrative efficiencies with active management, regular rebalancing and ongoing monitoring built in,” it said.
ClearView managing director Simon Swanson said WealthFoundations is targeted at clients with less “sophisticated needs”.
“Actively managed and competitively priced, WealthFoundations is ideal for people who want to grow their savings for retirement, need a regular retirement income stream or are transitioning to retirement,” Mr Swanson said.
“Throughout the design and development process we sought feedback from advisers and clients to ensure WealthFoundations met their requirements and expectations,” he said.
Mr Swanson also said in order to support ClearView’s new product the company selected and implemented a new administration system, Financial Synergy’s Acurity platform.
“Acurity was specifically selected as it provided a highly configurable solution to limit the cost of changes and ensure speed to market,” Mr Swanson said.
“A proven administration platform that can grow with us is essential and Financial Synergy was able to demonstrate recent successful implementations and a willingness to work together,” he said.
