Dealer group Outlook Financial Solutions has entered into an agreement with industry fund Professional Associations Superannuation Fund (PASF) to supply financial education and advice services to its 450,000 members.
The Snowball Group subsidiary will provide PASF members with the “full gamut of advice, from simple to comprehensive advice, with the focus on fund-centric advice during the accumulation stage”, according to managing director Tony McDonald.
“That’s because this is a fairly progressive suite of funds that has twigged to the idea that people need advice specifically to optimise their position within the fund, and we have developed a suite of advice templates for that purpose.”
He said the agreement was representative of a trend where well-run funds were realising that the costs, time, effort and appropriateness of providing advice was questionable.
Comprising RecruitmentSuper and Accountants Super (including SMARTpension and Australian Enterprise Super), PASF covers professional services.
Newly appointed PASF chief executive Megan Bolton described the agreement as “a testament to our commitment to engage with and provide value to our members”.
