Frequently asked questions

Can I afford to get personal financial advice?


There’s a general misconception that financial advice is only for the wealthy. At UniSuper, we understand our members have diverse financial situations, so we provide a range of financial advice options to make it as accessible and affordable as possible for all our members regardless of how much you earn or have saved.

An advantage of being a UniSuper member is that, if the advice we provide to you relates to your UniSuper account, we may be able to directly deduct all or part of our financial advice fees from your UniSuper account. This usually depends on the type of account you have and your account balance. Check out our our services and costs for more information.

When considering whether personal financial advice is right for you, you might want to ask yourself, ‘Can I afford not to get financial advice?’ Given our financial advisers work to help you achieve your financial goals, their advice could help you save money, improve your ability to grow your investments or take advantage of financial opportunities, for example. So, while receiving personal financial advice will cost you money, it also has the potential to save you money in the long term.

Can I get advice when overseas?


UniSuper Advice can advise existing advice clients who are based temporarily overseas (except in USA and Canada). Our advice is limited to your Australian superannuation and investments, and any retirement planning for your return to Australia.

Does UniSuper offer personal financial advice to members in all states and regional areas?


Yes. Our team of financial advisers operates Australia-wide. They can also visit you on campus.

How do I know if UniSuper’s financial advisers are reputable?


Many of our financial advisers who provide face-to-face personal financial advice have worked in the financial services industry or as financial advisers for over 15 years. They’re experienced and can provide advice on:

  • financial planning strategies 
  • wealth protection for personal risk, income and asset protection 
  • wealth creation strategies 
  • cash-flow management
  • superannuation 
  • social security strategies (Department of Human Services/DVA)
  • redundancy planning 
  • aged care
  • retirement planning 
  • remuneration planning (salary packaging)
  • investments 
  • estate planning considerations

All of our financial advisers are members of the Financial Planning Association of Australia (FPA). FPA members are committed to a code of ethics and professional conduct. You can see all of our adviser’s details on ASIC’s Financial Advisers Register available on the MoneySmart website.

How do UniSuper financial advisers get paid? Do they receive commissions?

Our advisers are salaried employees and don’t receive any commissions, so you can be confident that their advice is in your best interests.

What can you tell me about self-managed super funds?


Everyone likes to be in control of their own destiny—particularly when it comes to finances. Running your own super fund and therefore taking complete control over your super investment can sound like a good idea, but are you aware that it also comes with a big range of responsibilities and legal obligations? Read our fact sheet for more information.

Why should I consider getting personal financial advice, can’t I just do it myself?


Choosing to receive financial advice is a personal decision. When considering whether it’s right for you, you might want to think about the financial and investments knowledge you’d need to be able to manage your own finances, especially if your financial situation is complex.

Our financial advisers are qualified and aim to help you achieve your financial goals. Their skills can be difficult to replicate if you don’t have the right knowledge, experience or access to the latest financial and investment information.