As a dedicated employer, you strive to support your staff in every way possible, including helping them navigate their superannuation and retirement options. We understand that you want the best for your employees, which is why we want to remind you of the valuable resources available through Vision Super’s internal advice services.
At Vision Super, one of our goals is to provide high-quality, professional superannuation advice tailored to your employees’ needs. Vision Super Financial Planners* are here to help and offer access to a range of advice services, including personal advice on both super and non-super topics.
Simple advice on a single topic is usually available at no extra cost (because it is included in Vision Super’s administration fees and costs). This type of advice is generally limited to queries about a member’s Vision Super account. Some personal advice will involve a cost because it is more comprehensive, or it doesn’t relate to Vision Super.
Our advice services cater to a range of requirements:
Limited advice: This covers specific topics such as investments, contributions, transitioning to retirement, and superannuation to pension. Our limited advice is available at a minimal cost, ranging from $0 to $590, depending on the advice being provided.
Comprehensive advice: For those needing a more in-depth consultation, including planning for full retirement, partner considerations, investments that are held outside of superannuation, Centrelink entitlements, redundancy, defined benefit options and a thorough assessment of their entire financial situation (even beyond Vision Super products), we offer comprehensive advice. This service starts at $1,980.
There are regulations about who can provide financial advice and anyone providing personal financial advice must hold an Australian Financial Services License (AFSL). Offering this type of advice without the proper licensing can result in significant penalties for individuals and corporations, including fines and/or imprisonment¹.
It’s crucial that all financial guidance is delivered by licensed professionals to ensure a fair, strong and effective financial advice industry. Encourage your employees to only seek advice from qualified and licensed financial advisers or financial counsellors – such as those employed by Vision Super – to avoid potential legal and financial repercussions.
We understand that you want to do right by your employees, and our team is here to ensure you have the resources and knowledge to support them effectively. Vision Super’s advice services are designed to assist you in this regard, providing your staff with good quality, regulated financial advice.
For more information about our services or to refer your staff, please contact us directly. We’re here to help!
* Vision Super Financial Advisers are employees of the Trustee that are authorised to provide financial advice as representatives of Industry Fund Services Limited (IFSL) ABN 54 007 016 195 AFSL 232 514. Any financial advice provided by a Vision Super Financial Adviser is issued on behalf of IFSL, not the Trustee.
¹ ASIC cracks down on unlicensed advice: https://asic.gov.au/about-asic/news-centre/news-items/asic-cracks-down-on-unlicensed-advice/.
