New England Credit Union acknowledges that Financial Planning and Wealth Management are an integral aspect of securing your financial future.

To view New England Credit Union's current television commercial for wealth management

In response to your changing needs, and our desire to be more closely involved in the Financial Planning and Wealth Management process, NECU has recently changed the way we provide these services to our members.

These changes involve the appointment of suitably qualified financial planning employees to the staff of NECU. These employees work in partnership with NECU’s new Wealth Management partner, Community and Corporate Financial Services (ComCorp), to provide you with an integrated financial planning and wealth management service.

About Community and Corporate Financial Services (ComCorp)!

ComCorp is a national financial planning group that specialises in developing integrated Wealth Management solutions for credit unions and their members. ComCorp has been the preferred financial planning partner and supplier to a number of Credit Unions for several years. The success of these relationships has been based on:

• ComCorp’s commitment to remaining independent of the large bank-owned fund managers, in order to ensure that its advisers are free to recommend products solely on the basis of what is in each members’ best interests;

• ComCorp’s dedications towards the building of long lasting and mutually beneficial relationships with its credit union partners;

• ComCorp’s ability to work with these credit unions to develop flexible processes and services that deliver the desired results for ComCorp, the credit union, and you, the member; and

• The consistent positive feedback these credit unions have received from their members about the quality of ComCorp’s services.

New England Credit Union (NECU) has recently made the decision to exclusively recommend and endorse ComCorp as its financial planning partner. In consultation with ComCorp, we have structured a comprehensive product and service framework built around the strengths of NECU’s own staff and the specialist skills of ComCorp’s accredited financial planners.

Why should I consider using NECU’s new Wealth Management services?

NECU’s aim is to help all of our members achieve their financial goals throughout all stages of their life. Whether you are retired or close to retirement, a recent entrant to the workforce or a full-time student, our dedicated Wealth Management team is there to help you define and implement your financial plans.

Our Wealth Accumulation Officers (WAOs) and ComCorp’s financial planners are absolutely committed to providing you with the best professional advice available. These individuals have been carefully selected based on their professional qualifications and their dedication to the culture and values of NECU.

ComCorp has committed to provide NECU’s members with professional and involved management of their financial planning needs, to whatever level you require.

In partnership with ComCorp, NECU’s aim is to help you, our members, establish achievable financial goals and strategies and to assist you with:

Superannuation, Borrowing to Invest, Estate Planning, Wealth Creation, Corporate Superannuation, Managed Funds Advice, Savings Plans, Redundancy, Pre & Post Retirement, Debt Management, Risk Management, Tax-effective Investment, Social Security Benefits.

How can you decide whether NECU’s new Wealth Management services can be of benefit to you?

Although the particular needs and financial goals of each NECU member may differ, the key to satisfying those needs and goals is for members to have access to a suitably qualified professional whom they can trust. We therefore invite you to contact NECU to arrange an initial interview with one of our dedicated team who can discuss your particular needs. There is no cost for this service but it will give you the opportunity to assess whether NECU can provide the critical role of being your trusted personal adviser.

If I make an initial appointment, am I obliged to access any particular investment products or services from NECU or ComCorp?

NO. The choice is yours.

Why has NECU developed its Wealth Management partnership with ComCorp?

New England Credit Union operates to serve our members. Our primary concern is to give our members the best financial products and services at minimum cost. When members are asked what they value most about NECU the answer is ‘the personal service, understanding and trust’.

For that reason whenever we look for business partners to help us give our members access to more products and services, we are diligent in our search and determined that our partners must be able to promise personal service, understanding and trust.

We chose ComCorp as our partner because they were able to commit to these important values.

Financial Services Guides are available to help you understand the roles that would be performed by New England Credit Union and ComCorp when providing services to you. This information can be obtained at your nearest branch of NECU, or by calling 132 067 during business hours.

The costs to expect...

If you decide to access Wealth Management services via NECU, the first consultation with an adviser will be free of charge.

The financial services provided thereafter may result in the payment of fees and commissions to NECU and/or ComCorp.

If you decide, after your initial consultation, to have a comprehensive financial plan prepared, there will generally be a fee charged, although that fee can be waived depending on your particular financial circumstances. To ensure you are aware of any costs before you make any decisions, you will be advised at the initial consultation.