Mr Hamilton joined the SMSFA board in February 2011 and was chair from February 2012 to February 2014.

From 21 February, the board will be composed of Andrew Hamilton, chair; Robin Bowerman, vice-chair; Robyn FitzRoy; Liam Shorte; Bernie Ripoll; Tracey Scotchbrook; Michael Houlihan; and Scott Hay-Bartlem.

Mr Bowerman said the chair could not be in better hands with Mr Hamilton stepping into the role.

“He brings enormous knowledge of the industry, a wide experience about the association and a deep understanding of the issues facing our members,” Mr Bowerman said.

“I also want to acknowledge the enormous contribution of my predecessor, Professor Ralston, in what was a challenging period for our association, as well as the full support I received from the staff under the leadership of our CEO, John Maroney.”

Mr Hamilton said it is an honour to again be asked to chair the organisation.

“Although our industry is in a period of enormous change, I remain confident that the new regulatory, legislative and educational framework, which aims to raise the standards across the industry, will be conducive to a business environment in which the SMSF specialist can flourish,” Mr Hamilton said.

Mr Bowerman assumed the chair of the SMSFA board in September 2019 after Professor Deborah Ralston stood down to avoid any perceived conflicts of interest after being appointed to the Retirement Income Review panel.