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Home News

Centric expands to meet SMSF demand

Centric Wealth has expanded into Newcastle in NSW to cater to its high number of SMSF retirees.

by Reporter
October 15, 2013
in News
Reading Time: 1 min read
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The Wickham office is Centric’s first base outside of a capital city and a “natural next step” for the business, according to Centric’s chief executive Phil Kearns.

“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.

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“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 and emphasised the importance of education and advice for SMSF trustees.

“Changes to super contribution limits and SMSF regulations will impact many individuals and small business owners,” he said. “As such, ensuring you are educated about which wealth accumulation strategies are available has never been more important.”

Tags: News

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SMSF Adviser is the authoritative source of news, opinions and market intelligence for Australia’s SMSF sector. The SMSF sector now represents more than one million members and approximately one third of Australia's superannuation savings. Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.

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