A former ATO heavyweight looks set to be added to AMP SMSF's new board, as the SMSF administration business continues to integrate SuperIQ and SuperCorp.
AMP' SMSF is in the process of establishing a new board for the SMSF administration business, which looks set to include one former ATO heavyweight.
In November last year, AMP confirmed it had increased its ownership of SuperIQ from 51 per cent to 100 per cent, and increased its stake in SuperCorp from 20 per cent to 100 per cent.
"We are now focused on integrating the two acquired companies with our existing SMSF business. As part of this, we are in the process of establishing a new board for the SMSF administration business," an AMP spokesperson told ifa's sister publication SMSF Adviser.
SMSF Adviser understands that former assistant deputy commissioner, superannuation at the ATO, Stuart Forsyth, will be on the new board.
It also understands that SuperIQ's chief executive, Andrew Bloore, will be on the board, as well as chief customer officer at AMP Paul Sainsbury.
AMP has, however, yet to confirm these board appointments to ifa's sister publication SMSF Adviser.
Further details on the board's composition will be announced in the first quarter of 2016, the spokesperson said
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 21 Jan 2019Federal Court winds up CFSBy Eliot Hastie
- 21 Jan 2019Licence conditions placed on Sydney AFSLBy Adrian Flores
- 21 Jan 2019O’Dwyer steps down from politicsBy Adrian Flores
- 21 Jan 2019The wealth management fintech that soared in 2018By James Mitchell
- 18 Jan 2019Advisers to suffer ‘horrendously’ from FASEABy Sarah Simpkins
- 18 Jan 2019Praemium FUA up 14%, reveals platform upgradeBy Adrian Flores
- view all