The SMSF Party set to register after reaching 500 members
The SMSF Party has now reached the number of members required for registering it as a federal political party with the Australian Electoral Commission.
Last month, I Love SMSF chief executive Grant Abbott launched the SMSF Party, a new political party aimed at protecting the current benefits of existing SMSFs and their members.
The SMSF party has now obtained the number of members required to commence the registration of the party.
In order for a federal political party to be registered with the Australian Electoral Commission, it needs to have at least 500 members who are on Commonwealth Electoral Roll but not members of other political parties.
“Honestly at the moment we are fed up with both parties and will be looking to make our message very clear, that is, there is a need for not only the protection of existing super benefits but also a promise of not making further changes,” said Mr Abbott.
“Once retired, the last thing a retiree needs is to change their retirement income stream – particularly self-funded retirees who have chosen to look after themselves rather than rely on the aged pension.”
The next step for the SMSF Party, he said is to finalise the registration and determine who it will be putting forth as candidates.
“We are seeking expressions of interest through Ashleigh Jaremyn, party director by way of email,” he said.
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.