Nedgroup Life products now available on the Astute system

Astute has announced that products available from Nedgroup Life have become available to financial advisers who use the Astute system to integrate data from product providers when undertaking financial planning for clients.

Astute’s Consolidated Client Portfolio (CCP) system facilitates the integration of financial data by giving financial advisers, who have their clients’ consent, online, simultaneous access to policy and investment information at life offices and investment companies. Astute also gives advisers access to information through a wide range of financial needs analysis (FNA) systems.

Said Astute Managing Director, Biddie Biddulph: “It is with great pleasure that we announce
the inclusion of Nedgroup Life as the 19th content provider to join the Astute CCP service. This means that financial advisers and their assistants can use the Astute system to retrieve clients’ product information from Nedgroup Life.”

Anton Davies, General Manager Product and Marketing at Nedgroup Life commented: “Nedgroup Life, Nedbank’s insurance company, in collaboration with Astute, provides a real-time interface for financial planners to obtain policy information. This is an essential tool that enables financial planners to provide complete and effective advice to both existing and potential clients.”

The product range provided by Nedgroup Life through Astute will initially include individual life and risk products, with investment products scheduled for release during a future phase.