ClearView has signed a private label agreement with Colonial First State Custom Solutions (CFS) to create a wealth management platform with full wrap capabilities.

CFS will manage the platform but only ClearView products, including insurance, will be on the menu.

ClearView MD Simon Swanson told insuranceNEWS.com.au that wealth management products will initially be on the menu, but insurance products “will be added eventually”.

“This platform is part of our strategy to provide a high-end offering with full wrap capability for financial planners,” he said.

“It is one of our key growth initiatives to transform ClearView into a fully integrated life insurance and wealth management company able to compete across the broad spectrum of the industry.”

The private label platform is expected to be live by the beginning of next year.