Super reforms: Visits to online resources up more than 100% as advisers, clients count down to 1 July
Super reforms are helping advisers to engage more with their clients, with massive increases in visits to technical content in the lead up to 1 July, says MLC.
Since super reforms were announced in the May 2016 Federal Budget, visits by licensee and independent financial planners to MLC’s online technical resources have increased 104 per cent on the previous year.
“There’s a strong appetite among advisers for content that they can use with their clients to explain the super reforms. Infographics and written information for clients are particularly popular,” says Greg Miller, NAB’s Executive General Manager of Wealth Advice.
“What our data tells us is that advisers are taking advantage of this opportunity to guide their clients through the changes, and really support them to understand what will happen in their individual circumstances.
“It’s great that our industry is embracing the opportunity to demonstrate why professional financial advice is so valuable.”
While advisers are using resources to help their clients to understand super changes, they are also accessing resources dedicated to advice professionals so that they can navigate the changes themselves. This demonstrates the value of technical resources developed for advisers.
“Reforms of this magnitude are made far easier to navigate thanks to the resources and support advisers now have available to them. It’s not just written content; we have had hundreds subscribe to our upcoming webinars, and many more who will attend in person,” said Mr Miller.
Among the most popular technical content developed for adviser audiences are resources on Transition to Retirement and contribution caps.
“Big changes like this really demonstrate how much online resources support the industry to provide quality financial advice, as well as how much we benefit from our professional communities.”