Advice is provided by financial planners from Industry Fund Services (IFS). Your trustee, Commonwealth Superannuation Corporation, has partnered with IFS because:
- advice is provided solely in your best interest
- there are no obligations, commissions or hidden fees
- IFS planners receive training specific to PSS and are trained to experts in your scheme.
Advice can be specific to your own needs, circumstances and goals. Your financial planner will be a licensed representative of IFS, which is responsible for the financial advice you receive.
IFS planners are based in Melbourne, Canberra, Sydney and Brisbane.
If you don’t live in or near one of these cites, see the on the road advice schedule for 2016. There may be a location and date convenient for you.
Alternatively, your first appointment can be over the phone.
Fee for service, affordable advice
Your initial advice appointment will cost $185. No personal advice is provided in this appointment, although you may receive general advice.
Once you discuss your financial situation and goals with your planner, you’ll get a quote detailing the type and cost of the personal advice that may help you.
As a guide, the cost of a personal financial plan ranges from $530 to $5,320. That depends on the complexity of your situation. The average cost of comprehensive advice is around $3,200.
Remember, you only pay for the advice you want. You know the exact cost beforehand and will never have to pay any commissions or hidden fees. The cost is based on the time it will take to create your plan, including the preparation of a statement of advice.
Fees, terms and conditions that apply are detailed in the IFS Financial Services Guide, available directly from IFS.