WEEKLY WRAP: CleverSuper calls for 250 founding associate partners

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CleverSuper calls for 250 founding associate partners 

New SMSF administration platform, CleverSuper, spearheaded by Custom Wealth Solutions principal Chris Appleyard, is aiming to build new market segments and increase the uptake of advice from SMSF investors by addressing a number of industry weak spots. 

CleverSuper is also seeking to deliver more client value to existing SMSF trustees by reducing running costs, alleviating administration pressures, providing access to no-cost investment advice and offering day-to-day support for trustees.

As part of the launch of the platform, the founders issued a call for 250 advisers to join CleverSuper as Founding Partners.

Founder Chris Appleyard said CleverSuper will reduce costs for the industry and founding associate partners can receive the benefits of free client referrals.

“Individual fund set up, full SMSF administration, free transfer and annual audit are all included in the monthly fee capped at $79 per month, regardless of which asset classes are inside the fund.   Our Australian-based call and processing centre is supported by a 24/7 online and mobile ‘netbank’, solution, providing piece of mind for advisers and their clients.”

Tony Gobbo joins Austock Life as national sales manager

Austock Life today announced the appointment of one of Australia's most experienced and respected sales and distribution managers as National sales manager.

Tony Gobbo has over 25 years’ experience in building and managing sales teams for retail funds and master trusts, and has an extensive network of financial adviser relationships. Gobbo is legally qualified, and after 10 years in private practice he spent 22 years with BT in a number of roles including National key account manager in Victoria, followed by three years with Perpetual in senior specialised sales roles.

Ross Higgins, managing director of Austock Life, said “Tony joins us at a stage when we have proven to a relatively narrow band of financial advisers the significant strategy-based planning benefits of using our Imputation Bond master insurance bond platform and the ChildBuilder Bond.

Record inflows into these products over recent years has taken them past $350 million – evidence that new era insurance bonds are recapturing the attention of advisers who want to engage in life-events financial planning beyond superannuation.

Complying is now a click away

The Fold Legal has launched The Fold Online Store, making its extensive range of legal and compliance products available to finance professionals at the click of a button.

Products on offer include The Fold’s compliance manuals and tools, agreement templates, advice tools and white papers for the financial planning, general insurance broking, underwriting agency and credit sectors.

Charmian Holmes, solicitor director at the Fold said The Fold started writing compliance manuals and tools many years ago, after recognising that small businesses in the finance industry were staggering under the weight of paperwork.

“The Australian Financial Services (AFS) and the National Consumer Credit Protection (NCCP) requirements to have documented procedures for everything that moves can be overwhelming, especially for small businesses,” she said. “We produce customised versions of many required compliance documents and tools to help lighten that load.”

AMP Horizons Career Changer Program receives international recognition

AMP Horizons has won an international training and development award for its Career Changer Program.

The American Society for Training & Development (ASTD) has awarded the AMP Horizons Career Changer Program the 2012 Excellence in Practice Award in the category of Career Development.

ASTD is the world’s largest professional association for training and development.  The Excellence in Practice Awards recognise organisations that have achieved organisational goals through training and development practices.

AMP Horizons director Amelia Constantinidis said the Career Changer Program was recognised as exemplary because it fulfilled both AMP’s goal to attract more financial planners to the profession and provided career changers with a structured entry into financial planning. 

“To attract more people to financial planning, we needed a program that embraced professionalism while exceeding the minimum regulatory and licensee requirements.  Previously, people with the potential to be excellent financial planners – but without experience – didn’t apply,” Constantinidis said.

LUCRF Super gains Infinity Recognised status

LUCRF Super is proud to be a recipient of SuperRatings’ Infinity Recognised award for making positive contributions to sustainability.

Out of more than 100 super funds, LUCRF Super was amongst only 13 others which demonstrated a genuine commitment to their environmental and social responsibilities.

Leading super funds like LUCRF Super are increasingly adopting an Environmental, Social and Corporate Governance (ESG) approach. This approach refers to management systems and processes that govern behaviour and conduct, taking into account the potential environmental, social and corporate governance investment risks.

Although 83% of super funds believe that they have a responsibility to operate sustainably, over the past three years only 20% of super funds have shifted towards a whole-of-fund ESG approach, according to SuperRatings’ Fund Sustainability Review 2013.

Synchron’s NextGen conference walks the talk

Social entrepreneur Holly Ransom will take centre stage at Synchron’s NextGen conference in August at Varsity Lakes on the Gold Coast.

Chair of Synchron’s NextGen program, Michael Harrison, said Synchron selected 23-year-old Holly to speak at the conference because her outstanding achievements at such an early age are a powerful demonstration to Synchron’s next generation of advisers of all they are capable of. 

“At Synchron we believe in walking the talk,” Mr Harrison said. “Our NextGen conferences are all about educating, encouraging and inspiring our younger advisers and who better to do that than someone from their own generation?”

Ransom was last year named as one of the Top 100 most influential woman in Australia and as winner of both the 2012 Western Australian of the Year Youth Award and the 2012 Young Western Australian Volunteer of the Year. She was also the youngest Australian selected for the 2020 Summit in Canberra in 2008.