As reported yesterday in SMSF Adviser, the Self-managed Independent Superannuation Funds Association (SISFA) and the SMSF Owners’ Alliance (SMSFOA) have merged, with a combined member base of SMSF members and professionals of approximately 10,000.
In the next month or so, the newly formed body will be announcing a range of new membership packages, managing director Mike Goodall told SMSF Adviser.
Services for SMSF trustees, which cater to the size of their fund, will be a principal focus.
“We will have a range of options available from the single trustee SMSF fund through to multiple member funds,” he said.
“Aligned with that will be some features that will be unique in the marketplace,” he said.
The association is also establishing ties with service providers in the SMSF industry, with a view to assist in the provision of products such as actuarial certificates and trust deeds.
Although Mr Goodall couldn’t confirm if this would involve favourable rates, he said there will be a benefit to members in using these services through the association.
“What we’re keen to do is bring some tangible benefits to being a member of the organisation beyond the advocacy and the lobbying services that the combined organisation provides,” he said.
“As a core of what we do, we will be a voice of trustees and practitioners in the industry to regulators and government, but we are looking to build additional value in the membership of the organisation,” he said.
He stressed that members who are currently signed up will not be made to change their membership packages.