Credit Unions

PFS provides a range of financial models, or tools, which are available for use by financial planners as well as for use by trustees of superannuation funds.

PFS’s clients include a significant number of individual credit unions as well as industry bodies. 

PFS provides these clients with an extensive range of services including: 

  • Compliance advice under the relevant legislation, including the National Credit Code (NCC) and the Unfair Contract Terms (UCT) provisions of the ASIC Act 
  • Methodology and models to determine break fees on fixed interest rate mortgages 
  • Methodology and models to calculate establishment fees and administrative costs, and to determine how best these should be recovered 
  • Financial modelling and calculators, e.g. to produce comparison rate schedules