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Part 9
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    IMPORTANT UPDATE

    We’re pleased to advise that the transfer of AIA Australia Limited's (AIAA) superannuation and investments business to Resolution Life Australasia Limited (Resolution Life) under Part 9 of the Life Insurance Act 1995 (Cth) is now complete.

    Overview of the transfer

    In February 2022, AIA Australia Limited (AIAA) announced the sale of its Superannuation and Investments business in Australia to Resolution Life Australasia Limited (Resolution Life). 

    Resolution Life and AIAA intend to complete the transfer of AIAA's Superannuation and Investments business to Resolution Life under Part 9 of the Life Insurance Act 1995 (Cth). The Part 9 transfer is also referred to as the "Scheme". The Scheme will only take effect if it is confirmed by the Federal Court of Australia (the Court). The hearing will occur on 28 June 2023.

    The Scheme represents an opportunity to finalise the transaction by transferring AIAA's assets and liabilities relating to AIAA's Superannuation and Investments business to Resolution Life. The Scheme may affect your policy terms and conditions.

    We've built these pages to help ensure you have access to important information about the Scheme and to provide you with a channel to ask questions and provide feedback.

    Scheme documents

    Scheme Summary

    This is a legal document summarising the Scheme. It provides important information including an overview of the Scheme, the expected Court date, how you can request to be heard in Court and other information. It has been approved as a summary of the scheme by the Australian Prudential Regulation Authority.

    Scheme Document

    This document sets out how the transfer will take place. It describes what happens as a result of AIAA transferring, and Resolution Life agreeing to accept and assume AIAA’s assets and liabilities for its superannuation and investments business. It must be approved by the Court for AIAA and Resolution Life to proceed with the transfer.

    Notice of Intention

    Our notice about the Scheme as advertised in Australian news publications.

    Questions and feedback

    Policy holders

    AIAA
    Please call 1800 879 078 or
    +61 2 8365 9141 (if calling from overseas)

    Resolution Life
    Phone: 133 731
     

    Advisers

    If you’re an adviser and have questions about the Scheme, please call us on 1800 879 078 (between 9 am and 5 pm AEDT). 

    Frequently asked questions

    We’ve created frequently asked questions (FAQs) regarding the Scheme.

    Contact AIA

    Choose your preferred way to receive information and support

    Contact AIA

    Choose your preferred way to receive information and support

    Help and support

    Make a claim

    Frequently asked questions

    Customer feedback

    Complaints process

    Whistleblower disclosure

    Forms and documents library

    Target Market Determinations

    Help and support

    Make a claim

    Frequently asked questions

    Customer feedback

    Complaints process

    Whistleblower disclosure

    Forms and documents library

    Target Market Determinations

    Overview of the transfer

    Overview of the transfer

    Copyright © 2022. AIA Group Limited and its subsidiaries or affiliates. All rights reserved. Priority Protection and Priority Protection for Platform Investors products are issued by AIA Australia Limited (ABN 79 004 837 861, AFSL 230043). AIA Vitality, a personalised, science-backed program that supports members every day to make healthier choices, is available with eligible products issued by AIA Australia. AIA Health with AIA Vitality is issued by AIA Health Insurance Pty Ltd ABN 32 611 323 034, a registered private health insurer governed by the Private Health Insurance Act 2007, Private Health Insurance Rules 2007 and the AIA Health Insurance Pty Ltd Fund Rules. It is general information only and is not intended in any way to be financial, legal, tax, health, medical, nutritional or other advice. You should consider your own personal circumstances and needs and view the relevant product documents, fact sheets, fund rules and terms and conditions before making a decision to acquire such products. If necessary you should obtain professional advice from a financial, tax, medical or health professional. Unless expressly stated, any views or expressions of opinion (including any video content) do not represent the opinion of AIA.
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