POWERED BY MOMENTUM MEDIA
Spring FG launches SMSF platform
Spring FG Limited has launched a self-managed superannuation fund (SMSF) platform to offer online establishment, operation, and administration and access to investment options.
The platform's pre-registrations opened on Monday, ahead of its operational launch in July.
Spring FG founder and managing director, Keith Cullen, said: "Trustees and members will be provided with Australia's most advanced suite of SMSF management and reporting tools through our integration to Class Super's powerful digital tool-set".
"mysuper247 members will also benefit from access to Australia's most comprehensive library of financial education and training resources including our seven-part SMSF trustee training program," he said.
mysuper247 will also provide trustees and members with both one-off scaled advice and one-off or ongoing personal advice and recommendations.
"Whether seeking specific advice on insurance or portfolio construction, or more strategic advice on matters such as contributions or retirement structuring, mysuper247 members will be able to access professional advice as and when they need it," Cullen said.
The platform's investment options include cash management accounts, term deposit investments, Australian equities, options, warrants, exchange traded funds, interest rate securities and mFund investing, CFD and FX investing, direct residential property investing, fractional property investing, and personal insurance.
Recommended for you
The impact of identity theft and its threat to superannuation savings were highlighted in a case that went before the Federal Court at the end of 2023.
A recent NSW Supreme Court decision is an important reminder that while super funds may be subject to restrictive superannuation and tax laws, in essence they are still a trust and subject to equitable and common law claims, says a legal expert.
New research from the University of Adelaide has found SMSFs outperformed APRA funds by more than 4 per cent in 2021–22.
The SMSF Association has made a number of policy recommendations for the superannuation sector in its pre-budget submission to the government.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.57 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
32.09 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
27.42 3 y p.a(%)
