IOOF to provide Austral Credit Union advisory service
Austral Credit Union members will now be able to satisfy their financial planning requirements after IOOF agreed to provide this service for Austral.
Members of the credit union will now be able to receive financial advice from Austral Financial Planning, which will operate as a corporate authorised representative of the IOOF-owned Consultum Financial Advisers dealer group.
“Australia’s financial landscape is constantly changing. It’s difficult to keep up with new developments in tax, superannuation and investment legislation. A financial adviser can help our members navigate their way through the vast number of investment choices available,” Austral chief executive David Edwards said.
“We’re pleased to be forming an alliance with the IOOF group to offer this service. In IOOF, we have found a company that shares the same values and service standards,” he added.
The move comes as another of a series of initiatives Austral has introduced for its members over the past year.
These new services include a reverse mortgage product, a Visa card with no application fee, and a direct savings offering.
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