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.
