POWERED BY MOMENTUM MEDIA
Funds look to expand advice services
ESS Super has launched a personal financial advice service, leveraging Adviser Network's Australian Financial Services License (AFSL).
It expands the fund's member advice services from general advice via an ESSSuper member education consultant to providing wholistic advice through qualified financial planners, authorised representatives of Adviser Network.
Commonwealth Superannuation Corporation has also expanded its financial planning services for members of the CSS, MilitarySuper, PSS and PSSap schemes to include personal advice through Industry Fund Services. The move complements the recent launch of its retirement income products and new services including salary sacrifice.
State Super Financial Services has also opened a new office in Woden, Canberra expanding its face-to-face office network providing financial planning to current and former public sector employees and their families.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian retirees could increase their projected annual incomes between 3 and 51 per cent by incorporating personal and household data into their retirement income strategies, according to new research.
The best interests duty and new class of adviser didn't make the cut for the pre-election DBFO draft bill; however, ASFA has used its submission to outline what it wants to see from the final package.
The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level of advice.
Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting; however, some admit the decision will be a close call.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
