South Australia-based SMSF specialist firm Exelsuper has hired two new senior advisers to its team.
The self-licensed SMSF advice firm, which holds more than $150 million in funds under advice, has hired Malcom Caire and Philip Mills.Exelsuper chief executive Chris Harris said both Mr Caire and Mr Mills are “welcome additions” to the company at a time when more people are choosing to establish an SMSF. “[Mr Caire and Mr Mills] are both highly experienced self-managed superannuation specialists whose outstanding industry knowledge will greatly benefit our clients,” Mr Harris said. “More people are choosing to establish their own super fund to have greater control of their retirement savings, so as one of the few independent firms in Australia that manages all aspects of SMSF, we continue to enjoy excellent growth as more new clients come on board."Prior to joining Exelsuper, Mr Caire was working with Melbourne-based Equity Trustees where he managed high net worth clients. Mr Mills held a number of positions before joining Exelsuper, including roles as partner with Accru Harris Orchard, financial planning manager with Colonial First State, and financial adviser with the Bank of South Australia.
The prudential regulator has released its latest corporate plan.
The bid was originally put forward in June.
ASIC has issued a permanent ban to the former financial adviser.
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