The SMSF Association has partnered with a financial advice firm to improve professionalism in the SMSF industry.
“The SMSF Association has formed a new partnership with the stockbroking and wealth management firm Morgans Financial Limited to improve professional standards in the SMSF sector,” said an SMSFA statement.
According to the SMSFA Morgans is “Australia’s largest national full-service retail stockbroking and wealth management firm”, with over 300,000 clients.
“The Association and Morgans have committed to work together to provide a range of education, training and accreditation offerings on SMSFs for Morgans’ 500 authorised representatives.”
“Via membership of the SMSF Association, Morgans advisors will participate in either the SMSF Specialist Advisor (SSA) Pathway program or the SMSF Practitioner (SSP) Pathway program. Other benefits include participation at the SMSF Association National and State Technical conferences.”
“This is an exciting development for the SMSF sector. Morgans understands the importance of the SMSF market to its business, and is prepared to invest resources to ensure its advisors have the expertise to be able to better service their SMSF clients,” said SMSFA CEO Andrea Slattery.
“With the SMSF sector growing rapidly, we believe this agreement is a natural progression for those Morgans advisers wishing to improve their knowledge and professionalism.”
“We welcome this opportunity to work with the Association to give our advisors the professional programs needed to ensure they can meet all the demands of their SMSF clients,” said Morgans National Manager for Wealth Management, Terri Loy.
“We have long identified the SMSF sector as a growth market for our business, so it’s essential our advisors have the specialist knowledge required to meet our clients’ needs.”
The SMSF Association and Morgans have also agreed to work together on other initiatives to improve the professionalism of the SMSF sector.