‘SMSF profession’ appealing to the young, says SPAA

Establishing a career within the SMSF sector is becoming increasingly appealing to young professionals, according to the SMSF Professionals’ Association of Australia (SPAA).

The "SMSF profession” that has emerged over the past few years is proving to be a new professional career pathway for young Australians, according to SPAA.

“Built on the solid foundations of the $560 billion SMSF sector, this profession is providing exciting opportunities for those who have accounting, legal, tax and financial services backgrounds,” said SPAA’s chief executive and managing director, Andrea Slattery.

“These advisers are now using their previous professional experiences to build efficiencies in their service, advice and product development offerings – and SMSF trustees are the beneficiaries.

“This rise of the SMSF profession is a direct response to SMSF trustees who are demanding more specialised and trusted advice to achieve their retirement income goals by self-managing their superannuation.”

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