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Industry fund inks advice deal

A legal industry super fund has announced it will roll out digital intra-fund advice after securing a deal with fund administration giant Link Group.

In a statement, legalsuper said it had “extended its partnership” with the administrator and would roll out Link’s new digital advice service Super Blueprint to its members.

“Developed in response to a rise in members seeking advice online, Link Group’s Super Blueprint condenses complex financial concepts into comprehensible and accessible advice for fund members,” the group said.

“Integrating into Link Group’s registry system, Super Blueprint pre-populates the member’s information, making it easier for them to generate their own advice.”

The service was able to deliver advice to members on topics including investment choice, insurance, projected retirement needs and contributions.

“legalsuper continues to focus on providing members with access to information and advice to help them make the most out of their super and retirement,” legalsuper chief executive Andrew Proebstl said.

“Extending our partnership with Link Group into digital advice is an exciting step for the fund. Through the use of APIs from Link Group’s market leading technology, we believe Super Blueprint will provide our members with even more benefits.”

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Link Advice CEO Duncan McPherson added that the advice provided through Super Blueprint would provide fund members with “a clear balance and benchmark for how their super is performing”.

“Uncertain market conditions have people taking a closer look at their nest eggs, and choosing funds that can provide easily accessible advice on the accumulation and protection of superannuation amounts,” Mr McPherson said.

“Super Blueprint allows members to understand more about how to get the most of their super and to ensure they take the necessary steps to achieve their goals in retirement.”