SuperConcepts has launched a new online product marketplace for SMSFs, called Connected Services. The market will allow SMSF members to access a range of products and services from third-party providers to help them administer their fund. “We know paperwork and administration can be a burden and we’re committed to helping… Read More »SMSF product marketplace launched by SuperConcepts
There was a “massive spike” in cash contributions to superannuation funds in the last quarter of the 2016/17 financial year, likely driven by the changes taking effect from 1 July 2017. According to the SuperConcepts SMSF Investment Patterns Survey June 2017 report the level of member contributions more than tripled… Read More »Massive spike in super contributions in June 2017 ahead of changes
SMSF members are preparing for the 1 July 2017 changes to superannuation by increasing their contributions and lump sum withdrawals, according to a new survey. This is the finding of the SuperConcepts SMSF Investment Patterns Survey March 2017, which covers the January-March 2017 quarter. “Two key trends have emerged this… Read More »SMSF contributions and lump sum withdrawals up ahead of 1 July changes
SuperConcepts has announced a substantial cut in the cost of its SMSF software SuperMate. From 1 February the monthly cost of SuperMate Base will decrease by 53%, with SuperMate Complete decreasing by 33%. SuperConcepts says this makes SuperMate “the most cost-effective product of its kind on the market.” “SuperMate’s simple… Read More »SuperConcepts cuts price of SuperMate SMSF software
SuperConcepts has announced the appointment of Graeme Colley as Executive Manager for SMSF Technical & Private Wealth. Mr Colley resigned as Director of Technical and Professional Standards for the SMSF Association in April. “The new role continues SuperConcepts’ commitment to providing SMSF customers with a leading technical and education service, and forms… Read More »Graeme Colley joins SuperConcepts in SMSF technical role
SMSF trustees have diversified away from Australian and international equities and towards property and cash, according to new research. The SuperConcepts SMSF Investment Patterns Survey June 2016 indicates that SMSFs reduced investments in Australian shares from 37.1% to 34.5% of their portfolios during the 2016 financial year. Investments in international shares decreased from 14.1%… Read More »SMSF diversifying away from shares, towards property and cash
SuperConcepts, which is owned by AMP, has announced the acquisition of Reckon’s Desktop Super platform, involving approximately 16,000 SMSFs. SuperConcepts said that Desktop Super customers “will not notice any immediate change to the way they access their funds”. “The acquisition continues SuperConcepts’ growth as a provider of SMSF software services to… Read More »SuperConcepts acquires Reckon Desktop Super platform
AMP has announced that it will restructure and rename its SMSF business as SuperConcepts.