Netwealth relaunches SMSF service
Platform provider netwealth has relaunched its self-managed superannuation fund (SMSF) service three years after its initial launch.
Netwealth executive director Matt Heine (pictured) said Self Super was part of the company’s initiative to tap further into the high-net-worth market, and that it had been developed based on adviser feedback.
Heine said the new approach would see increased property investment as well as revised service pricing.
“We’ve introduced two tiers of deed service, so for those trustees who want more complex support, they can opt for more expensive deed service. There is also a less expensive option for those wanting a straightforward SMSF service,” Heine said.
He added the service was tightly integrated with netwealth’s Investment wrap.
In the past 18 months, netwealth has released a number of initiatives targeting the SMSF market segment, including a rebalancing technology for managed account arrangements and a private wealth rate card for businesses operating on a fee-for-service basis.
Recommended for you
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
