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IOOF beefs up pursuit platform

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By Vishal Teckchandani
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2 minute read

Wealth management group IOOF Holdings has boosted its Pursuit platform by adding retail insurance and launching Premier Investor Choice, a suite of six active funds with significantly lower management fees.

"Accelerated Protection is a multi-award-winning product provided by Tower Australia and is now available through Pursuit Select and Pursuit Core superannuation and investment products," IOOF general manager of distribution Renato Mota said.

"The offering provides a full range of life insurance structuring options inside and outside of super, as well as flexible remuneration options for advisers. Premiums will be deducted from the client's account."

Mota said Premier Investor Choice was a suite of high-conviction, quality and discretionary investment strategies with strong brands that would complement IOOF's existing affordable investment options.

The funds comprising Premier Investor Choice include Brandywine Global Opportunistic Fixed Income, Zurich Investments Global Property Securities, Five Oceans World, Tribeca Alpha Plus, Schroder Australian Equity and Legg Mason Australian Small Companies.

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"Investing via IOOF Pursuit Premier Investor Choice can save an investor between 0.35 per cent to 1.02 per cent, depending on the option chosen," Mota said. «