UniSuper grows financial advice services

In a statement, UniSuper said visits to its adviser network grew by 20 per cent over the past year. It is on track to have 11,000 advised members by the end of the financial year.

In addition, UniSuper has seen a 50 per cent rise in interest in its "review advice", under which an adviser reviews an existing financial advice plan. The company expects clients receiving review advice to double in the next two to three years.

In an effort to broaden its advice offering, UniSuper set up a referral partnership with taxation specialist PKF Melbourne. The new partnership will allow advisers to refer specific member queries on taxation planning and structuring, the statement said.

UniSuper also has referral partnerships in place with Mills Oakley Lawyers and Australian Executor Trustees (AET) for estate planning.

UniSuper executive manager of advice Jack McCartney said: "Our membership base is unique – they are engaged and well-educated, and as members become more aware of the breadth of our advice offer, they are seeing real benefits in seeking advice for both their super and non-super related investments.

"UniSuper runs a comprehensive financial planning business, with an extensive approved product list that allows our advisers to provide complete advice across superannuation, investments, insurance and retirement strategies and products," Mr McCartney said.