Business News

Forsyth takes up McPherson Super Consulting role

Technical retirement savings advice provider McPherson Super Consulting has appointed former Australian Taxation Office (ATO) superannuation assistant deputy commissioner Stuart Forsyth as a company director.

McPherson Super Consulting co-founder Allan McPherson said Forsyth’s addition to the organisation coincided with its plans to expand its services from Queensland into New South Wales and Victoria.

“Stuart will be central in increasing our capacity to service our existing client base in Queensland and our expansion into Victoria and New South Wales,” McPherson said.

“While we already have some clients in those interstate markets, we are seeing more interest in our services from accountants and advisers nationally.”

He added he was pleased to be able to have an individual with Forsyth’s experience join the business.

“The boom in SMSFs means accountants and advisers across the country need to constantly update their skills and expertise,” he said.

“Having a former ATO assistant deputy commissioner added to our already comprehensive knowledge base enables us to offer an unrivalled skill set to support those financial professionals.

“For example, Stuart was involved in drafting the ATO ruling on limited recourse borrowing arrangements for SMSFs – being able to draw on his knowledge in this and other areas will be a major plus for clients.”

Forsyth brings to the role experience gained through his involvement in the Stronger Super review coupled with a strong income tax background and litigation work.

The former ATO assistant deputy commissioner said he regarded his move to McPherson as a logical career progression.

“McPherson Super Consulting is strong technically and I consider [McPherson Super Consulting director] Lyn [Formica] and Allan two of the best in the industry. Their business model embodies both integrity and quality advice, which is a great fit for me coming from an ATO compliance background,” he said.

“I think this business model can make an impact outside of Queensland relatively quickly and look forward to assisting on the company’s growth into new markets.

“I also welcome the chance to renew my involvement with regional Queensland as my father was an accountant in Texas while I was growing up.”

Forsyth began his new role on 28 November.

The news of his appointment comes after selfmanagedsuper broke the news recently about his departure from the ATO and acceptance of a directorship with administration provider SuperIQ.

Copyright © SMS Magazine 2024

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital