OneVue sells SMSF admin service
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.
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.