Another industry superannuation fund has launched a financial planning business.
Intrust Super announced this week that it had launched Intrust360 a full-service, not for profit financial planning business.
Announcing the move this week, Intrust chief executive, Brendan O’Farrell said the planning offering would not be confined to super-specific advice and would be offering strategies “inclusive of direct investment in shares, property, aged care strategies and estate planning”.
He said that, in addition, Intrust360 would offer an online advice system, which would give members free access to real time personal advice on superannuation, insurance and salary sacrifice options.
O’Farrell said Intrust360 would be charging only what it costs to run the business and would therefore be available at roughly half the cost of what a conventional planner would charge.
