The Association of Superannuation Funds of Australia (ASFA) has joined with a private training company, Catalyst Communications and Training to provide what they represents an inexpensive and independent source of information on choice of fund.
ASFA’s Education and Training Manager, Paul O’Brien said that employees were being given the right to chose a fund from 1 July, yet some had little understanding of the options available to them while employers were not permitted to give advice on superannuation without a Financial Services License.
He said that was why ASFA and Catalyst had produced the Skilpak Super Choice program – an on-line resource designed to help employers know their responsibilities while assisting employees to make an informed choice.
A director of Catalyst, Gidley McCullagh said the key to the Skilpak Super Choice program is that it is independent, and not aligned to any super fund or financial planning group.
