AR appoints CLS for marketing

SMSFs

19 May 2010
| By Chris Kennedy |

Class Leading Solutions (CLS) has been appointed as the marketing, distribution and promotion partner for self-managed super fund (SMSF) wholesaler AR Group.

“Australia’s SMSF market is growing rapidly each year, with 31 per cent ($332 billion in assets) of all Australian superannuation assets invested through SMSFs,” said AR managing director Bruce Coombes.

The market represented an opportunity for advisers and accountants to extend their marketplace offer in a framework that placed them at the centre of adviser/client relationship, he said.

“CLS have already introduced a number of clients to the service and I am confident that CLS will amplify the AR SMSF solution,” he said.

Since commencing operations in late 2008, CLS has sought to identify and promote service and product providers to financial services practitioners seeking to position their businesses for future growth and prosperity.

CLS executive manager Kurt Smyth said that it made good business sense for advisers and accountants to offer an outsourced SMSF administration through AR, because it provided the advisers with access to internal practice staff and resources.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 1 day ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 1 day ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 1 day ago

TOP PERFORMING FUNDS