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FSP Portfolio News : FSP Portfolio Services embraces SuperConcepts and launches a 'one stop' SMSF solution
Posted by admin_001 on 2 June 2010 (115 reads)

FSP Portfolio Services, the platform business of the FSP Group has partnered with a heavyweight industry SMSF specialist SuperConcepts to launch a new self managed superannuation fund service called 'FSP Origin SMSF'.

FSP Origin SMSF is a true partnership as it employs the recognised administration capabilities of SuperConcepts with FSP Portfolio Services Prestige Plus, which is a specialist Investor Director Portfolio Service (IDPS).

FSP Prestige Plus provides investors with the ability to access over 220 managed funds (multi and single sector funds), all CHESS-tradeable securities listed on the ASX (including shares, interest rate securities, property trusts, investment trusts, preference shares, stapled securities, ETFs and warrants), unlisted property trusts and term deposits. Importantly, unlike many administration services, FSP Prestige Plus holds each investor's securities under a unique individual HIN which provides each investor with full entitlement to participate in voluntary corporate actions and dividend reinvestment plans.

This product is the first of its kind for FSP Portfolio Services.

"We're delighted to be able to work with SuperConcepts to integrate our FSP Prestige Plus IDPS as the vehicle to power the investment engine of the self managed super fund" said Robert Swil, Director of Platform and Product for the FSP Group. "Advisers who already enjoy using FSP Prestige Plus can now employ a self managed superannuation solution for clients should they wish to. It is also a great entry point for advisers looking for a complete solution for their clients SMSF needs."

Craig Jameson, Super Concepts Managing Director ”In speaking with advisers over the last 12 months, one of the most frequent themes has been how difficult it is to start out in the SMSF space. As a result we have worked closely with FSP Portfolio Services to develop the FSP Origin SMSF administration service to help advisers cater for their clients who want to capitalise on the advantages of having an SMSF.”

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