Superfund Wholesale’s Kris Kitto believes that there are “significant” barriers to smaller businesses maximising SMSF growth due to scale.

“Although these smaller practices generally provide great personalised service, SMSFs are an area where accountants and advisers can struggle to deliver unless they have sufficient scale,” Mr Kitto said.

“The aim of the SMSF Business Incubator is to enable practitioners to grow their SMSF business offering and improve the quality of service they provide to their clients”, he added.

One feature of the SMSF Business Incubator solution is Superfund Wholesale’s “unbundling” of its current full-service SMSF administration service into separate components, including administration, audit and tax lodgement.