NAB buys Aviva

On the 22nd of June the National Australia Bank purchased Aviva Australia from it's parent company.

Upon the purchase of Aviva, NAB has told us that it is business as usual for all Aviva clients. The purchase of Aviva will asist MLC in devloping their retail life insurance business and will enhance the scale of the MLC / NAB investment businesses.

Importantly for Aviva customers, in the release NAB have said "Aviva will deliver important service and technology capabilities which we can utilise across our broader business for the benefit of financial advisers and their clients.".

We are constantly reviewing the products and services and at this stage there is no change to our existing Aviva and Navigator clients, but if there are any significant changes we will contact you individually.

If you have any questions or simply want more information please feel free to contact your adviser