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Trustees Executors partners with AIA NZ

Saturday, August 5th 2023, 3:48PM 1 Comment

Trustees Executors has partnered with AIA NZ to provide fund administration solutions for AIA unit-linked investment products.

TE currently oversees the administration and supervision of investment assets exceeding $210 billion.

It will provide investment accounting and daily unit pricing services that will enable AIA NZ to leverage its specialist team and wealth management technology that delivers timely, accurate and tailored services with the ability to scale and adapt.

AIA NZ chief product and investments officer Len Elikhis says, “AIA NZ’s partnership with Trustees Executors has enabled us to simplify our investment administration arrangements for the benefit of our customers holding unit linked investment products.”

“This is a valued partnership, which allows us to achieve administration efficiencies as well as streamlined insights and reporting, providing greater benefit to both our business and our customers.”

Tags: AIA

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Comments from our readers

On 26 August 2023 at 7:13 pm Chatterbox said:
Biggest mistake ever if anyone understood the market shenanigans in respect to passive product/investment unit version & trust deed administration inside AIA after it adopted Sovereign practices - tainting now TE ! More to come as things play out!

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AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 5.89 4.59 5.09 5.39
ANZ 5.79 5.29 5.89 6.09
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.69 5.29 5.49
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Avanti Finance - Near Prime 6.35 - - -
Avanti Finance - Specialised 7.45 - - -
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BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 ▲4.65 ▲5.09 5.29
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans 3.95 - - -
CFML Home Loans 6.05 - - -
CFML Prime Loans 6.25 - - -
CFML Standard Loans 6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - ▲4.55 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 4.99 ▲4.65 ▲5.29 ▲5.49
Co-operative Bank - Standard 4.99 ▲5.15 ▲5.79 ▲5.99
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.89 5.49 -
First Credit Union Standard 6.49 5.29 5.89 -
Heartland Bank - Online 5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 4.89 5.15
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank ▼5.65 ▼5.39 5.79 ▼6.05
Kiwibank - Offset 5.65 - - -
Kiwibank Special ▼5.65 ▼4.49 4.89 ▼5.25
Liberty 6.65 6.55 6.22 6.20
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Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.84 5.09 5.69 5.75
SBS Bank Special - 4.49 5.09 5.15
SBS Construction lending for FHB 3.74 - - -
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SBS FirstHome Combo 3.29 3.99 - -
SBS FirstHome Combo - - - -
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TSB Bank 6.59 5.29 5.89 6.09
TSB Special 5.79 4.49 5.09 5.29
Unity First Home Buyer special - 3.95 - -
Unity Special 5.79 ▲4.59 ▲5.09 -
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Wairarapa Building Society 6.15 4.79 5.19 -
Westpac 5.89 ▲5.29 5.79 5.89
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Westpac Offset 5.89 - - -
Westpac Special - ▲4.69 5.19 5.29
Median 5.94 4.69 5.29 5.39

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