Grant Abbott resurfaces after NowInfinity departure
Following his departure from NowInfinity, Grant Abbott has launched a new business focused on training and education for SMSF advisers. He has flagged plans to re-enter the SMSF documentation market soon.
SMSF documentation provider NowInfinity confirmed last year that the Mr Abbott had officially left the business following a restructure of its executive management and business operations.
Mr Abbott told SMSF Adviser that since leaving the company, he has established a new business, I Love SMSF, which provides training seminars and webinars to SMSF practitioners.
The business also provides client communication material for advisers to distribute to their clients.
“After the government made the changes last year, what I did was take a step back and I got out of NowInfinity and I’ve just been writing my book which has just been finished now,” Mr Abbott said.
He said the time away from NowInfinity gave him room to “read and dissect the 500 pages of legislation and explanatory memorandum”, adding that he will conduct two training days this year.
He also flagged plans to re-enter the SMSF document market in the next two years.
“I’ve got a non-compete clause for a year or two, [but] I’m itching to go out and set up a brand new SMSF trust deed that fits in with the new laws.
“When you get new laws, you have to go back and change the whole process again. So I’ll probably be bringing one out in a year or 18 months’ time.”
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.