UniSuper takes planning in-house
|
|
The big universities-based industry superannuation fund, UniSuper, has launched a new financial advice service for its members. It is based on a fee-for-service model and utilises salaried advisers.
The new service, dubbed UniSuper Advice, will be an in-house operation based out of the fund’s offices in NSW, Victoria and Queensland. It will also offer a phone-based ‘triage’ service.
Commenting on the new advice offering, UniSuper chief executive Terry McCredden said that while the fund had been providing limited financial advice for a number of years, feedback from members suggested they wanted access to comprehensive financial advice.
He said the service would be tailored towards the higher education and research sector and would be exclusive for fund members and their partners.
“The service will offer advice on all aspects of superannuation strategy, wealth creation, non-super investment and life insurance,” McCredden said.
He said that at the heart of UniSuper Advice would be its Financial Advice Centre — “a unique phone-based ‘triage’ centre for distilling the appropriate advice or education needs to members.”
“The Financial Advice Centre is able to provide simple superannuation-related advice and can arrange face-to-face consultation with a UniSuper financial adviser,” McCredden added.
AUTHOR
Mike Taylor
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
