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Industry super fund builds advice

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By Julie May
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3 minute read

Mercer to provide expanded services to members of the largest industry super fund for private schools.

Non-government schools industry super fund NGS Super has appointed consultancy business Mercer to provide financial advice to its members, including administration and member services, NGS Super announced yesterday.

NGS Super members will have access to expanded services, including phone-based and face-to-face financial advice and improved online member services.

"Our members demand more from us than just a place to keep their superannuation savings. They expect services to help them better manage their financial futures," NGS Super chief executive Anthony Rodwell-Ball said.

"Mercer will help us expand our range of services to members so they can make informed decisions about their retirement savings and wealth management.

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"We're particularly excited by the seamless integration that we'll be able to achieve between administration, a professional telephone advice model and face-to-face embedded financial planning."

Rodwell-Ball also said NGS Super will use Mercer's proven strengths in education and communications to ensure it significantly improves the quality of engagement with both members and employers.

Mercer continues to build its business in the industry fund sector. The firm now provides services to AustralianSuper's corporate division and advice to the Australian Meat Industry Superannuation Fund.

NGS Super is the largest industry superannuation fund for private schools in Australia, with 82,000 members, 3000 participating employers and $2.6 billion in funds under administration.