OneVue sells SMSF admin service

OneVue/SMSF/KPMG/Connie-Mckeage/acquistion/sale/

image
image
expand image

Following OneVue’s acquisition of KPMG’s Superannuation Service business, the fintech company has announced the sale of its SMSF administration business to SuperConcepts.

The transaction has followed the sale of operations such as OneVue’s RE to Equity Trustees in a bid to focus on core business activities.

Chief executive of OneVue, Connie Mckeage, said the SMSF administration business had not received the management attention required to grow the business further.

“As the market leader in SMSF administration, SuperConcepts will bring the focus and additional business services this business needs to really move forward so we are excited for the both the SMSF team and for the clients of which I am one,” said Mckeage. 

“SuperConcpets now has a comprehensive suite of product service solutions for SMSF trustees, accountants and advisers,” she said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS