Yellow Brick Road Holdings (YBR) has announced a joint venture agreement with corporate superannuation and insurance provider Super Advice Services (SAS).
YBR will provide advice and products in the areas of home loans, financial planning, insurance savings and personal finance through the joint venture.
"By working with Super Advice Services, we have the ability to start a conversation with people who want to take control of their superannuation, which is a very important step," Yellow Brick Road executive chairman Mark Bouris said.
"From this starting point, we can begin introducing people to solutions that will help them achieve their short and long-term financial goals."
Super Advice Services said its client base would benefit from having access to a range of additional benefits and services.
"Through Yellow Brick Road's comprehensive product range and national network of branches, Super Advice Services can now offer a more complete set of solutions to our valued clients," SAS managing director Allan Rickerby said.
The two companies will begin working with clients in Sydney immediately and will roll out a national program through the business's branch network early next year.
The insurance company has joined this year’s awards as a principal partner.
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”.
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent.
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insurance against the enshrined objective of superannuation.