Mercer launches advice alternative
MercerHuman Resource Consultinghas recently launched Mercer Wealth Solutions, which will provide superannuation fund members with financial advice and information in a variety of areas, including savings, lifestyle, debt management and financial and investment education.
The tool will allow employers and superannuation fund trustees to offer a suite of tailored services to employees and members through the utilisation of online tools, educational seminars and access to professional salaried financial planners.
Mercer chief executive officer Simon O’Regan says unlike traditional financial planning services that focus on the investment needs of retirees, Mercer Wealth Solutions seeks to meet the needs of employees at every stage of life.
O’Regan adds that the new service will provide superannuation fund trustees with the ability to offer financial planning support to fund members without the burden of obtaining an individual financial planning licence.
The former head ofMercer Investment Consulting,Tony Cole, will head up the new business, which integrates Mercer’s financial planning and superannuation member services.
Christopher Andrews succeeds Cole as head of investment consulting operations. In his new position, Andrews will report to Cole.
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