Australia’s leading SMSF actuarial certificate provider, Bendzulla Actuarial has changed its name to Accurium and announced an intention to expand its service offerings to SMSFs in the retirement phase of superannuation.
Accurium Chief Executive Officer Tracy Williams said: “Our core business will always be actuarial certificates, but with millions of Baby Boomer SMSF trustees retiring over the next decade, there’s also a real, unmet need for actuarial and risk consulting services specific to their predicament.
“A higher starting balance definitely helps protect SMSFs from the unique risks of retirement – but it doesn’t grant them immunity, especially when you consider that most expect higher than average incomes in retirement.
“Accurium will be the only consulting firm focused exclusively on solving the peculiar challenges of SMSFs in the retirement phase, like planning for certainty over an uncertain investment horizon”, said Williams.
To celebrate its rebranding and new strategic focus, Accurium is also launching the inaugural “Accurium SMSF Retirement Insights” report, a pioneering study into the retirement adequacy of SMSFs which is based on actual, anonymous data drawn from the firm’s database of 60,000 SMSFs.
From November 2014, Accurium will be distributing the research findings and new, retirement- specific related tools and products to its national network of 5,500 accounting firms.
“SMSF practitioners play a critical role in helping their clients prepare for retirement. In addition to certifying their tax exempt income, Accurium can also help answer questions like how long might I live? how long do I need to keep working, and how much is enough?”.
