POWERED BY MOMENTUM MEDIA
UniSuper to give tax advice
UniSuper has expanded its advice offering into taxation through a partnership with taxation specialist, PKF Melbourne.
The partnership will allow UniSuper advisers to refer specific queries on taxation planning and structuring to a specialist expert.
This move follows the fund's members increasing their visits to its adviser network by 20 per cent over the past year. UniSuper said they also marked a 59 per cent year-on-year increase into its Review Advice service, and expect clients to double over the next two to three years.
Commenting, UniSuper executive manager for advice, Jack McCartney, said "our philosophy is to partner with specialist firms who have a similar commitment to quality and deliver value for clients as we do at UniSuper".
"Through these partnerships we are able to help members build a plan and execute it with quality, reliable partners.
"The added benefit of our advice proposition is that regardless of the recommendations made there are no commissions and no referral fees, meaning our advisers can truly recommend a solution that aligns to the best interest of our members."
The fund said the move furthers similar partnerships with Mills Oakley Lawyers and Australian Executor Trustee (AET) for estate planning.
"…as members become more aware of the breadth of our advice offer they are seeing real benefits in seeking advice for both their super and non-super related investments," McCartney said.
Recommended for you
The UK aims to boost investments via Australia’s super fund sector, unlocking major bilateral business and growth opportunities.
The Future Fund has received government approval to internally manage transactions in Australian infrastructure and property, marking a significant shift in its investment approach after nearly two decades of relying solely on external managers.
The super fund has welcomed Robert Potter and Wayne Davy to its board of directors.
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
