The FPA has entered into a national advice referral program with Sunsuper, following its high profile deal with industry fund Cbus.
The industry body today announced that under the terms of the referral deal, FPA Professional Practices will gain access to Sunsuper's 1.2 million members.
Sunsuper executive general manager, growth and advice, Michael Mulholland, said the arrangement meets a need for fund members to receive high-quality professional financial advice, in addition to the intra-fund advice services currently offered.
“We have long recognised the importance of financial advice in making a real and positive difference to the size of members’ retirement nest eggs,” Mr Mulholland said.
“We also know that members have distinct advice needs at different stages of their lives and that these can best be accommodated through a face-to-face meeting with an adviser who can develop a plan that accounts for their full financial position.
“We have our own in-house team of advisers based in Brisbane, Sydney and regional Queensland, but as part of the new arrangement, we will be looking to work with FPA Certified Financial Planners over a much wider geographic base who will advise and act in the best interests of our members.”
FPA chief executive Mark Rantall said the program will complement the deal already in place with Cbus.
“Each partnership brings us one step closer to the FPA vision that through our members, we stand with Australians for a better financial future,” said Mr Rantall.
SUBSCRIBE TO THE IFA DAILY BULLETIN
15 Dec 2017AIW Dealer Services enters EUBy Staff Reporter
15 Dec 2017New CEO appointed at Centrepoint AllianceBy Staff Reporter
15 Dec 2017FASEA education pathways provide certainty: O’DwyerBy Killian Plastow
14 Dec 2017AUSTRAC adds to list of CBA allegationsBy Killian Plastow
15 Dec 2017Get ‘independent financial advice’: Joe HockeyBy Aleks Vickovich
14 Dec 2017‘Forward-thinking’ advisers drive mFunds growthBy Aleks Vickovich
- view all