UniSuper continues to grow its advice business, having merged its member education and advice services.
"Merging our education team with our advice service will complement our financial planning business," UniSuper executive manager Chris Davies said.
"We believe we can better coordinate our services in both the education and advice business."
Davies said the superannuation fund ran a number of workshops at university campuses around Australia.
Demand for advice tends to stem from these workshops.
"We find once members get a better understanding of the basics of superannuation, the questions quickly centre around their personal needs. We then get demand for our advice service," Davies said.
Over 600 members have now sought full financial plans from UniSuper since the advice service was established a year ago.
UniSuper also offers general and limited advice over the telephone. Members only pay for the limited advice.
"We are moving the business to mirror how other independent financial advice businesses operate, that is, offering initial and ongoing advice to members," Davies said.
Currently, the superannuation fund offers its members access to Colonial First State's wrap platform as well as a number of wholesale investment offerings.
The fund, however, will review its approved product list in conjunction with research firm Lonsec.
Davies said the fund was also aiming to step up its offerings to members in the pre-retirement phase, including potential services in estate planning and self-managed superannuation funds.
"In February we will be holding a national conference for planners to help further train and develop them. This will also include a review of our statement of advice documents," he said.
The superannuation fund recently opened an office in Adelaide and an office in Perth.
UniSuper now has 15 financial planners, two of whom provide telephone advice.
