Selfwealth said the new partnership helps clients harness Selfwealth’s investment platform while having experts handle the accounting, compliance, and legal requirements of managing an SMSF. 

Selfwealth chief executive Cath Whitaker noted that SMSFs are not for everyone as it is a major financial decision and requires individuals need to have the time and skills to manage it.

“[However], we provide our cohort with the opportunity. We also wanted to make it affordable and Xpress Super is ideal as a low-cost alternative without sacrificing any options or benefits,” said Ms Whitaker.

Xpress Super chief operating officer Emma Magee said the company was excited to be working with Selfwealth, whose service offering closely aligns to that of Xpress Super.

“This alliance will support our ability to provide daily online reporting which allows our clients to be better informed — and therefore make better decisions,” said Ms Magee.

“We are strong believers that having up to date SMSF information is more vital than ever.”