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Mercer adds SMSF service

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Mercer has launched a new administration and compliance service for the self-managed superannuation fund (SMSF) market.

In addition to the administration and compliance components, the Mercer Self Managed Super service will also offer SMSF trustees access
to a variety of multi-manager investment options.

"We've established this service to ensure members have access to the right information and tools regarding SMSFs," Mercer outsourcing business leader for Asia-Pacific David Anderson said.

The service has been put together in response to research conducted by Mercer that revealed new SMSF trustees were not prepared for the level of administration work they were required to do and did not understand some of the ancillary benefits they have been forgoing, such as insurance cover.