OneVue sells SMSF admin service

image
image
expand image

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.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 6 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

6 days ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND