This publication carries latest news of product and service launches in the Asia-Pacific wealth management industry.

A trading platform operated by National Australia Bank, called nabtrade, has partnered with Heffron SMSF Solutions to work with self-managed super fund investors in Australia.

The nabtrade SMSF Establishment Service will provide a comprehensive end-to-end service, complete with ATO registration, ABN, tax file number, and cash and trading accounts, as well as ongoing administration. The service will not take or pay commissions or transfer payments.

“We know how much of a burden compliance and paperwork is for investors,’’ said Nathan Walsh, NAB’s general manager of self directed wealth. “We want to not only make it easier for investors to set up and administer their own fund but also to create more value for customers,” he said. 

“To ensure transparency, the costs of the NAB-Heffron service are upfront, so customers can see what they are paying for,” he added.