VicSuper launches advice ‘coaching’ software

VicSuper launches advice ‘coaching’ software

Industry fund VicSuper has added an online coaching feature to its financial advice suite as part of a member engagement campaign.


The software, known as Beeline, provides VicSuper members with financial advice about additional contributions and investment allocation in their super.

Beeline also provides general advice helping members with retirement adequacy and budgeting goals, said the super fund.

VicSuper chief executive Michael Dundon said, "Beeline complements and strengthens our current financial advice service.

"We saw the need for a simple, intuitive experience to help members easily set goals for their super and track their progress in real time. It’s all about helping members create the most direct path to their goals.

"The dashboard is very easy to understand and the guided experience means members don’t become overwhelmed with too much information and complex decisions.

"It’s a great starting point for people who want to know how they’re tracking and what they might need to do to bridge the gap but don’t have the time or feel the need to commit to a face-to-face advice appointment."

VicSuper, which has $19 billion in funds under management, currently has 40 in-house financial advisers across 18 offices throughout Victoria.

 

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