What is the OneAnswer Portfolio Service?
The OneAnswer Portfolio Service makes managing your investments simple and easy. It allows you to build your investments in a single portfolio, which we administer on your behalf. We take care of the paperwork, so you can focus on your investment objectives.
How does it work?
You work with your financial adviser to decide what you want to invest in, and when to buy and sell investments. Your adviser will then instruct us and we’ll carry out those instructions.
We arrange for a custodian (currently FNZ Ltd) to hold your investments. Your investments are registered in the name of the custodian, but you retain ownership. This allows us to handle all transactions on your behalf and consolidate your portfolio. We’ll also open a Cash Management account for all deposits and withdrawals from your account with us.
You retain control of your investment strategy, but we look after the administration – leaving you to focus on managing and building your portfolio.
How to join
To join the OneAnswer Portfolio Service, you must have:
- A financial adviser.
- An investment portfolio of $10,000 or more.
You’ll need to read the Guide and Client Agreement, complete the application form and relevant documents, then send them to your adviser.
For information on FNZ Limited administration fees, see the FNZ disclosure statement.
Frequently asked questions
Important information
ANZ is not responsible for choosing or reviewing investments made through the OneAnswer Portfolio Service.
Advisers using the OneAnswer Portfolio Service are not ANZ employees or agents. ANZ is not responsible for what your adviser does or does not do.