SISFA relaunches membership

21 May 2020
| By Jassmyn |
image
image
expand image

The Self-managed Independent Superannuation Funds Association (SISFA) has relaunched its membership to self-managed superannuation fund (SMSF) trustees to connect up to 200,000 trustees.

SISFA managing director, Michael Lorimer, said the needs of 1.1 million SMSF members extended beyond supporting the professional on whom they relied on for advice and expertise.

“SISFA has long debated how to better support these individuals who are essentially ‘running their own money’ (with or without a professional adviser) and often do not have all the knowhow to protect their nest eggs,” he said.

“The financial services sector has taken them for granted and often only taken their own industry agendas to regulators. They have not ignored trustees but rather thought that their agenda would also cover the needs of trustees without involving them in the discussion.”

SISFA said the membership would give SMSF members a louder voice and greater support from the industry.

SISFA said the membership included:     

  • Educational content;
  • Access to experienced practitioners;
  • Enhancing SISFA’s advocacy efforts for members in Canberra;
  • Investment opportunities suitable for SMSFs;
  • National seminars/webinars provided by SISFA and its partners; and
  • Newsletters
Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

3 days 16 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

3 days 16 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

3 days 17 hours ago