Company Research Report on SMSF Association
Company Overview
Name and Mission
- Name: SMSF Association
- Mission: To lead the professionalism, integrity, and sustainability of the SMSF sector, enabling Australians to take greater control of their own financial well-being through a sustainable SMSF community.
Foundation and Key People
- Founded: 7 January 2003
- Founders: Information not provided.
- Key People:
- CEO: Peter Burgess
- Chief Operating Officer: Joshua Geers
- Head of Governance / Company Secretary: Lyn Gelligen
- Head of Policy and Advocacy: Tracey Scotchbrook
- Head of Technical: Mary Simmons
- Head of Membership & Corporate Development: Neil Sparks
Headquarters
- Headquarters: Level 3, 70 Pirie Street, Adelaide, SA 5000
Number of Employees
- Information not available.
Revenue
- Information not available.
Reputation
- Known For: The SMSF Association is known for its commitment to improving the quality of advisors, the knowledge of trustees, and the credibility and health of a vibrant SMSF community. It is the leading authoritative voice for the SMSF sector in Australia.
Products
Product Offerings
1. Membership
- Description: Offers various membership levels (Affiliate, Associate, Specialist, Fellow) tailored to suit different professional needs.
- Key Features:
- Access to CPD opportunities
- Recognition as an SMSF Specialist
- Preferential rates for events and education modules
- Access to a comprehensive resource library
2. Accreditation Programs
- Description: Provides accreditation for SMSF Specialist Advisor (SSA) and SMSF Specialist Auditor (SSAud).
- Key Features:
- Independent recognition of SMSF expertise
- Specialist-only CPD opportunities
- Listing on the "Find a Specialist" page
3. Events and Webinars
- Description: Hosts national conferences, technical summits, and various webinars.
- Key Features:
- Live and on-demand options
- Networking opportunities
- Professional development sessions
4. SMSF Modules
- Description: Offers interactive modules on technical SMSF topics.
- Key Features:
- Flexible learning options
- Self-paced study
- CPD hours upon completion
5. Technical Research Service
- Description: Provides technical support from the Association’s Technical and Policy team.
- Key Features:
- Factual and legislative references
- Available to Specialist and Associate members
- Responses within 3 business days
Recent Developments
Recent Company Developments
1. New Appointments
- Keddie Waller Appointed as Policy Manager
- Enhancing advocacy and policy work during significant government reforms.
2. Partnerships
- Partnering with Kaplan Professional and Deakin University
- Enhanced education standards and professionalism in the SMSF sector.
- SMSF Regulations and Taxation unit available as an elective in Master of Financial Planning degrees.
3. Research Initiatives
- 2021/22 Research on SMSF Performance
- SMSF sector outperformed APRA fund sector during the 2021-2022 financial year.
- Ongoing research collaboration with the University of Adelaide to examine overall financial performance of SMSFs.
4. Advocacy and Policy Changes
- Challenged the ALP’s Franking Credit Proposal
- Successfully advocated against the ALP’s franking credit proposal, forming an alliance for a fairer retirement system.
- Managed COVID-19 Relief Initiatives
- Significant relief for the SMSF sector including measures on pension withdrawals, rental relief, and LRBA relief.
5. Educational Programs
- Introduction of Fellow Membership (2020)
- Recognizes significant contributions and commitment to the SMSF sector.
- Enhanced Accreditation Programs
- Continuous improvement of SMSF Specialist Advisor and SMSF Specialist Auditor programs.
New Features Added to Existing Products
- Expanded CPD Opportunities:
- Inclusion of In Practice webinars, Legislative & Regulatory update webinars, and access to a broader range of technical resources.
New Product Launches
- Introduction of SMSF Modules:
- Covers a wide array of topics including SMSF regulatory framework, contribution standards, and investment strategies.
Partnerships
- Corporate Partnerships:
- Collaborations with various partners like ASF Audits, Lockyer Valley Foods, Future2 Foundation, S&P Dow Jones Indices, and Class Pty Ltd.
No further information is available for fields that are not mentioned.
This report is comprehensive and adheres strictly to the provided information. If there are other aspects or deeper insights required, additional data sources may be needed.
