Major SMSF administrator scales back Victorian operations
A major SMSF administrator is scaling back one of its sites in Victoria amid its expansion in South Australia and will offer affected staff relocation packages.
SuperConcepts has confirmed that following its decision to create 52 skilled positions in Adelaide, it will scale back its operations in Victoria.
“Following the expansion of our operations in Adelaide, we have made the decision to scale back the scope of our Glen Waverley site over the course of 2017,” SuperConcepts chief executive Natasha Fenech said.
“We appreciate this is a difficult time for employees. We will offer impacted staff relocation packages, as wherever possible we would prefer to retain our staff,” Ms Fenech said.
“We are also seeking role opportunities within our broader operations for employees who are unable to relocate to South Australia.”
Operations currently undertaken at the site will be relocated to the Melbourne CBD.
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 has also directed SMSF Adviser's print publication for several years.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.