Cbus has said it launched a new financial advice service model that is “underpinned by a unique performance planning framework” and aligns with its commitment to provide services in the best interests of its members.
The fund will also launch an in-house “advice over the phone” service later this year.
Cbus chief executive David Atkin said: “I am pleased that Cbus is taking more direct ownership of this important service for our members.”
“Maximising our members’ retirement outcomes is our mission – this new service will help us to help them achieve this goal.”
Cbus has held a financial planning referral service partnership with the FPA since 2013.
We’re looking after our members interests by moving to a vertically integrated model. Just like the models used by the Big 4 Banks and AMP, that we’ve roundly criticised as not being in the clients best interests but ours will be different because we’re from a Union Super Fund. Union Super good – Banks and AMP bad. Just ask CHOICE, some reporters at the SMH, and those nice people from Labor… they all agree with us…