subscribe to our newsletter
AMP SMSF acquires another admin business

AMP SMSF acquires another admin business

Katarina Taurian
16 July 2015

AMP SMSF has this afternoon announced the acquisition of another SMSF administration business.

Effective immediately, AMP SMSF has wholly acquired the Justsuper business, which has approximately 1,000 funds under administration.

In an announcement, AMP SMSF said that following the acquisition, Justsuper will continue to operate under its own brand name and with its existing team of employees.

There will be no disruption to Justsuper’s clients, AMP SMSF stated.

“We’re excited to announce the acquisition of Justsuper as we continue to grow our SMSF operation. It places the business in a strong position for future growth and further cements our leading position in the SMSF administration market,” said AMP SMSF’s managing director, Natasha Fenech.

Stephen Doulgeridis, chief executive of Justsuper, will sit on the AMP SMSF leadership team and report to Ms Fenech.

“This is great news for Justsuper and its clients. We will continue to operate in the same way we always have. Clients will now benefit from a broader range of market leading SMSF administration platforms as well as having access to AMP SMSF’s team of highly regarded technical experts,” said Mr Doulgeridis.

AMP SMSF acquires another admin business
smsfadviser logo
  • 23
    Days
  • 07
    Hours
  • 54
    Minutes
  • 01
    Seconds

SMSF Summit is nearly here!
Have you got your ticket?

join the discussion

What do you plan to do in response to the new adviser education standards?

SUBSCRIBE TO THE
SMSF ADVISER BULLETIN

Get the latest news and opinions delivered to your inbox each morning

In this month's issue:

  • Time wrap
  • The tech bull run
  • From hobby to passion
  • Golden Years
  • An untimely reminder
  • Why change is so difficult
  • Key Strategies for equalising super