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SuperConcepts acquires More Super

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By Reporter
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2 minute read

AMP-owned SMSF administrator SuperConcepts has acquired its competitor More Super.

SMSF administrator SuperConcepts has announced the acquisition of More Super, which provides SMSF outsourcing services to accounting practices.

SuperConcepts chief executive Natasha Fenech described More Super as a "high-quality business" with strong international capabilities.

"I’m looking forward to the opportunities that aligning our two businesses will bring and leveraging competencies to offer a truly unrivalled business value proposition to SMSF intermediaries and trustees," Ms Fenech said.

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More Super chief executive Michael Pease, who will be joining SuperConcepts as general manager for international operations, said SuperConcepts has "the scale, access to capital and mandate required to drive the SMSF industry".

The acquired company will continue to operate under the More Super brand name with its existing employees.