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Centric opens first regional office

Centric Wealth has opened its first office outside of a capital city, servicing the growing area of Newcastle in New South Wales.

The Wickham office is a “natural next step” for the business, according to Centric’s chief executive Phil Kearns, and will allow the group to service the area’s high number of self-managed super fund (SMSF) retirees. 

“We understand that many Australians are looking to decrease their cost of living while enhancing their quality of life. Locating in a major regional centre such as this is an attractive alternative to city living,” Mr Kearns said.

“We understand that Newcastle has a high number of self-employed business people and SMSF retirees. The need for sound financial advice is particularly strong among these groups.”

Centric’s Adam Pearsall will head up the new office, having joined the company in 2010. He emphasised the importance of education and advice for individuals in the new regulatory environment.

“Current markets are bringing new opportunities and challenges in the investment environment and financial services industry,” Mr Pearsall said.

“Changes to super contribution limits and SMSF regulations will impact many individuals and small business owners.

“As such, ensuring you are educated about which wealth accumulation strategies are available has never been more important.”