AvSuper is very pleased to be one of the first super funds in Australia to be authorised, under ASIC’s class order Intra-fund superannuation advice relief to trustees, to provide fund-specific financial advice to members.
This means that AvSuper will be able to assist members with advice about their existing AvSuper membership, including topics such as:
- choosing an AvSuper investment option
- increasing voluntary contributions
- buying life insurance within the Fund
- accessing super early under financial hardship rules
“We applied for this authorisation so we can give greater service to our members who often ask for specific help,” said Michelle Griffiths, Chief Executive Officer of AvSuper.
Once the new service is finalised, we will inform members so they can access advice service via phone, email or visiting our Canberra office, with all advice being provided in writing.
Members requiring more detailed financial advice, such as estate planning or moving into an income stream, will continue to be referred to our financial advice partner, Outlook Financial Solutions, where discounted member rates apply.
AvSuper’s advice authorisation was approved by ASIC on 27 January 2010.