Aviva’s Navigator is changing its charging structure. Previously, unit trust switching fee can be free regardless whether the client is paying on-going quarterly fee or not.

With effect from 31 Jan 2010, switching fee will only be permitted for accounts that are not paying for the quarterly fee. Switching fee is free for accounts which are paying for quarterly fee.

Thus, Navigator’s account structure is now similar to iFAST’s non-wrap and wrap accounts.