NextGen now has 38 investment options from Australian and international fund managers across all asset classes, 15 of which are new to the product.
The LEIF product has also been updated to offer 16 investment options.
Lifeplan head Matt Walsh said the business regarded the changing regulatory environment as an opportunity to review and enhance the product, including its investment option menus. "Although FOFA has been delayed, we want to give advisers time to adjust and help them transition to fee-for-service before it comes into effect on 1 July 2013," Walsh said.
