Major health industry fund HESTA has moved to provide free personal advice to members.
HESTA chief executive Anne-Marie Corboy said the service had been introduced in response to the increasing demand of members for greater information about their retirement savings.
She said HESTA represented one of the first industry funds to offer members free personal advice about their superannuation, and under the scheme members could access an adviser for personal advice on a range of issues including investment choice, voluntary or additional contributions, insurance and consolidation of accounts.
“Unlike some funds which charge members a fee for this limited financial advice, HESTA does not charge members for advice,” Corboy said. “We believe this is a unique service that is of great benefit to our members.”
