SuperConcepts appoints technical services GM

12 September 2023
| By Jasmine Siljic |
image
image
expand image

SuperConcepts has announced the appointment of Craig Stone as general manager of quality and technical services, underpinning the firm’s ongoing growth story. 

SuperConcepts was sold by owner AMP to private equity firm Pemba Capital Partners in July 2023.

Commencing his new Adelaide-based role in August, Stone works alongside SuperConcepts’ management team, consisting of Matthew Rowe, managing director; Brad Ackermann, chief operating officer; and Andrew Row, executive director of client services. 

He oversees and manages the delivery of self-managed super fund (SMSF) technical services to both internal and external stakeholders, such as trustees, advisers, and accountants. 

The new general manager brings more than 25 years’ experience in the accounting, tax, and superannuation industries to his new position.

Prior to his appointment at SuperConcepts, Stone managed the accounting and tax strategy of SMSFs at Hood Sweeney, a professional services agency.

He additionally worked as a tax and financial adviser at William Buck, followed by his manager of financial planning role at Clark Financial Management. 

Rowe welcomed Stone to the firm: “His appointment speaks to our focus on talent investment: bringing in people who have the expertise, skills and capacity to help us think differently about the future and build the business accordingly.

“Craig is uniquely skilled at enabling the complex subjects of superannuation to be understood in a simple manner, and already in his short time at SuperConcepts he has led several client education-driven initiatives.”

Rowe is confident in Stone’s significant contributions to enabling more Australians to control their super and simplify SMSFs.

Stone commented: “As we witness a growing market demand for self-administration options beyond traditional superannuation funds, SuperConcepts provides an exciting opportunity to take part in a technology-led industry shift to empower more Australians.”

Following AMP’s sale of SuperConcepts, the business has since entered a partnership with Equity Trustees a month later. 

The new enterprise service agreement will allow SuperConcepts to take on Equity Trustees’ platforms business clients of Australian Executor Trustees (AET).

The AET platforms business, part of Equity Trustees’ acquisition of AET in August 2022, comprises SMSF administration and custody, Platform Management Services (PMS), and small APRA Fund (SAF) administration and custody.

The new enterprise service agreement will enable SuperConcepts to continue delivering specialist superannuation and platform services to AET’s clients and allow SuperConcepts to receive SMSF and PMS clients from Equity Trustees. 
 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months ago
Kevin Gorman

Super director remuneration ...

4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months ago

The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months....

1 day 5 hours ago

The asset manager is bolstering its investments in the global energy transition and climate opportunities....

1 day 16 hours hence

The ethical investment manager has reported record FUM as its growth trajectory continues apace....

2 days 5 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND