In response to his appointment as chairman, SuperConcepts chief executive Lara Bourguignon said his SMSF experience would further bolster the positioning of SuperConcepts in line with the simplified operating model.

“Stuart has served on our board as an independent member for more than four years and has extensive SMSF experience from his previous role as Assistant Deputy Commissioner Superannuation and, more recently, the non-executive director of SuperIQ Pty Ltd,” Ms Bourguignon said.

“With his unique background across the industry, he brings a broad skill set spanning large organisational experience, government, consulting knowledge and high-level technical skills that our board and leadership team can continue to leverage for the benefit of our clients.”

Mr Forsyth said he was honoured to step up into the chair’s role at a time of great innovation.

“I’m truly honoured to be asked to do this and look forward to working more closely with Lara and the leadership team as we continue to drive value for our clients,” he said.

“It is a time of great change in the SMSF market and SuperConcepts is primed to lead those changes with our Innovation Lab, which is making impressive strides with artificial intelligence to improve outcomes for our clients.

“SuperConcepts is positioned to continue its leadership role across the SMSF sector with advances in technology development, leading administration products and the largest technical education team in the country.”