Titanium has launched a superannuation fund for the retail market.
The Titanium Retirement Fund will include a conservative, balanced and growth option.
Astarra Asset Management will provide the fund with trustee services and model portfolio advice. The fund is structured around setting two investment committees both internal and external to look at the universe of stocks and put together an investment strategy.
Titanium and Astarra are currently seeking a number of funds for the Titanium Retirement Fund.
Planners will also have the option to add satellite funds including the Titanium All Weather Fund, the Astarra Strategic Fund and the Astarra Australian Covered Call Fund.
The superannuation fund was developed from planner feedback, according to Titanium distribution manager Mark Finch.
"We have built the superannuation fund with our existing planner base. Our planners are now freed up from the back-office functions of managing portfolios," he said.
Finch said the firm has also secured a unique insurance offering with Tower.
He also said the firm has plans to offer the superannuation fund to other dealer groups.
"The Titanium Retirement Fund is a product that could have easily been developed by institutions. However, we wanted to offer our advisers their own one-stop, best-of-breed product," he said.
"I believe in the future there will be many other independent dealer groups developing their own products."
