With the SMSF sector continuing to undergo significant change through legislation, regulatory reform and advancements in technology, it was the release of the Future of SMSF report in November 2018 that shed some important light into the challenges, opportunities and direction of service providers working within the SMSF industry. With these key insights, providing a report was never enough to better help practitioners to build a smarter SMSF future.

Therefore, after further analysis of these survey results, combined with details available through ATO statistics (and more), we are able to identify categories in which many practitioners fall into in how they support their trustee clients – identifying common challenges, ways in which service delivery operates, pricing models existing, technology used, etc.

Against a backdrop of an industry overawed with change, it’s become apparent as to the common challenges that exist and what path is required to deliver success in the future for a SMSF practice.

Hence, the concept of the five stages of an SMSF business was born…

Watch the webinar

Recently, we have been working with Class Limited around helping practices succeed in building a successful modern SMSF business, and this included a webinar held on 11 June 2019 that you can watch below (63 mins).  Download the one page summary of the ‘five stages of an SMSF business’ that helps to explain how the SMSF service provider sector (accountants, tax agents, administrators) is segmented today.

Next step?

Complete our free assessment to see where your SMSF business is today?  After completing a series of questions, you will be provided with a score that maps out key areas to building a successful modern SMSF business for your business specifically.  From this results page, get our free e-book ‘what type of SMSF practice are you?’  that we have collaboratively built with Class Limited, to help you to better understand where you are today and the 5 stages of an SMSF business.