Sentry partners with IDS Super

According to IDS Super managing director Sean Saxon, the deal will lead to the developing of offerings for Sentry, starting with a tool called Sentrum SMSF Plus.

"Using a single online platform, Sentry advisers will for the first time be able to manage the entire process of SMSF client administration, from fund establishment through to preparation of annual accounts, including all necessary trustee documentation," Mr Saxon said.

"Our feature-rich client management suite plays an important part in enabling advisers to extend the traditional investment advice role provided in relation to SMSFs to include advanced tax management and estate planning," he said.

Commenting on the deal, Sentry executive director and head of business development David Newman said Sentrum SMSF Plus will provide the dealer group and its advisers with a "fully featured online 'plug and play' SMSF solution".

"While the number of SMSF funds has increased considerably over the past decade, growth is expected to explode in the coming years and Sentry advisers, through the Sentrum SMSF Plus offering, will be positioned to leverage off this opportunity," Mr Newman said.

The deal with IDS Super – which will see Sentrum SMSF Plus rolled out across the dealer group's network in August – follows Sentry's merger with WealthSure in May 2015.