Class Leading Solutions (CLS) has been appointed as the marketing, distribution and promotion partner for self-managed super fund (SMSF) wholesaler AR Group.
“Australia’s SMSF market is growing rapidly each year, with 31 per cent ($332 billion in assets) of all Australian superannuation assets invested through SMSFs,” said AR managing director Bruce Coombes.
The market represented an opportunity for advisers and accountants to extend their marketplace offer in a framework that placed them at the centre of adviser/client relationship, he said.
“CLS have already introduced a number of clients to the service and I am confident that CLS will amplify the AR SMSF solution,” he said.
Since commencing operations in late 2008, CLS has sought to identify and promote service and product providers to financial services practitioners seeking to position their businesses for future growth and prosperity.
CLS executive manager Kurt Smyth said that it made good business sense for advisers and accountants to offer an outsourced SMSF administration through AR, because it provided the advisers with access to internal practice staff and resources.
