UniSuper has opened its first on-campus university shopfront, following the trend of super funds to open customer-orientated stores in an attempt to better connect with and provide for members.
Branded retail premises were opened at Monash University, the University of Sydney, the University of New South Wales, the University of Western Australia and Queensland University of Technology.
UniSuper executive manager – advice, Jack McCartney, said that the shops would help deliver the fund’s 15,000 members direct and simple access to financial advice.
“The initiative further deepens our relationship with our university partners and makes it even easier for our members to access our extensive advice services by bringing advice to their workplace,” he said.
“We are committed to making our advice services accessible to all members and opening a branch on-campus is an innovative way for us to achieve this goal.”
Each shop was staffed by one full-time consultant, with both walk-in assistance for general enquiries and appointments for detailed advice available.
UniSuper planned to open more on-campus centres over the next six months.
The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes.
AustralianSuper’s reliance on unlisted assets dragged on performance over the past year, as the rally in listed markets left funds more heavily weighted to equities outperforming their peers.
IFM Investors has urged for government-industry collaboration to accelerate projects, unlock capital, and deliver long-term returns for Australians.
With super funds turning increasingly to private credit to lift returns, experts have cautioned that the high-yield asset class carries hidden risks that are often misunderstood.