SPAA rebrands as SMSF Association
The SMSF Professionals' Association of Australia (SPAA) has changed its name to the SMSF Association ahead of its conference in Melbourne next week.
Managing director and CEO of the association Andrea Slattery said the change came in a bid to make the name "simpler and more intuitive".
"To explain the SMSF Professionals' Association of Australia, or SPAA, an acronym of an acronym, became quite a long-standing joke of ‘explain to me who you are now'," Slattery said at a media conference.
"Recent stakeholder research has shown that our name is often confusing for the wider SMSF community to understand."
The name change is effective immediately. The association has informed members.
The conference runs from 18-20 February.
Recommended for you
With just 30 per cent of Australians knowing their superannuation balance to the nearest $1,000, Findex has emphasised the role of financial advice in addressing the critical super knowledge gap.
Underestimating the cost of insurance by almost $75,000 in a Statement of Advice is among multiple reasons that a relevant provider has faced action from the FSCP.
Financial Services Council chief executive, Blake Briggs, is urging Minister for Financial Services, Stephen Jones, to take advantage of the QAR opportunity to reduce regulatory duplication and ensure advice is affordable.
Former chair of the House of Representatives’ Standing Economics Committee, Tim Wilson, is planning a return to politics after losing his seat in the 2022 federal election.