Austsafe to offer advice through AAS relationship

The $900 million industry fund for rural and regional Australia, Austsafe Super, has partnered with Money Solutions to provide financial advice for its members.

Money Solutions, a financial planning service part-owned by Austsafe’s administrator, Australian Administration Services, will make financial advice available to all of Austsafe’s 163,000 members. Part of a growing trend among superannuation funds, the initiative hopes to make financial advice accessible to a greater range of people. Austsafe will provide the first consultation free of charge, with members having the option to meet the cost of subsequent consultations from the balance of their Austsafe accounts. In a bid to improve its communication with members, Austsafe also announced yesterday the creation of a marketing manager role. The position will be filled by Kimberley Roberts, who has 20 years marketing and communications experience, most recently running her own communications consultancy.

, , , , , , , , , , ,

Leave a Comment

‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

Sort content by