Kinetic Super unveils intra-fund advice
Kinetic Super has announced the launch of an intra-fund advice service where members can get limited financial advice on their account.
Members can access limited financial advice on insurance cover, contributions or investment choices within the Kinetic Super account.
The super fund will provide the service under the financial services licence of Industry Fund Services (IFS), and authorised representatives from IFS operating within the fund's member experience team will provide advice over the phone or face-to-face.
"The service is an extension of the current service provided to all members who are increasingly seeking advice in areas such as insurance, investment choice and contributions," Kinetic Super CEO Megan Bolton said.
"The cost of providing intra-fund advice is factored into the current fund fees, which means it's available to our members at no additional cost."
Kinetic Super manages $2.6 billion in retirement savings for over 300,000 members.
AUTHOR
Malavika Santhebennur
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