Specialist SMSF accreditation on the rise
The number of people holding self-managed superannuation fund (SMSF) Specialist Advisor and Specialist Auditor status is continuing to grow.
The Self Managed Super Fund Professionals Association of Australia (SPAA) said the number of people holding the specialist status had increased by 65 per cent, with a number of practitioners holding both accreditations.
Commenting on the data, SPAA chief executive Andrea Slattery said the organisation had experienced strong interest from financial planning dealer groups and accountants who were entering the marketplace and interested in ensuring their SMSF advisers had the SPAA designation as a minimum education requirement.
She said that along with accreditation, SPAA also offered financial planners the opportunity to apply for a registered tax agent status.
Recommended for you
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.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.