The superannuation fund for the legal sector may change its advice model following a member review.
Legalsuper is reviewing its advice model as it seeks to develop a service that its 36,000 members want, legalsuper chief executive Andrew Proebstl said.
"We are undertaking a big research project at the moment with our members about the types of advice services they need," he said.
"Before we plan to employ people [advisers] we thought we would take a step back and first see what our members want."
The fund has an existing arrangement with Industry Funds Financial Planning (IFFP).
Under the agreement, IFFP provides advice services to members.
"The general view is that people often want full-blown financial advice. I think we should give them the opportunity to offer bite-sized advice if that is what they want. This is something that the research may confirm," Proebstl said.
The fund has also reported a 40 per cent increase in voluntary contributions compared with the lead up to the end of financial year 2009, according to Proebstl.
"Our members remain actively engaged with their super despite the flat economic environment," he said.
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