https://www.accc.gov.au/system/files/public-registers/documents/D04%2B32880.pdf
What a success story- the link goes to Super Concepts profile at September 2001- administering 3000 SMSF's and 48 staff.
That's a great growth over the last 22 years requiring 500 staff.
This article from 2018- "SuperConcepts (AMP) is probably the country’s largest SMSF administrator. Perhaps not surprisingly given the dollars at their disposal, the AMP business has everything – they own their own software (SuperMate), offshore processing operations, multiple SMSF administration brands, financial / investment products (via the AMP business), Australian financial services licensee for accountants (SMSF Advice), financial planning network and no doubt many other components I haven’t even imagined. More Super just adds “more” to an already big story. Compared to others in this industry it was already a sizeable business and when combined with AMP the result is just … huge. But there is one fascinating thing about the SMSF industry that this change highlights: even in an environment where the largest one or two players dwarf everyone else, AMP still only administers around 5% of the country’s SMSFs".
Surely the sale price value is worth more than $7m. Management - what are you thinking?
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- Ann: Sale of SuperConcepts SMSF admin and software business
https://www.accc.gov.au/system/files/public-registers/documents/D...
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