Craig Jameson joins AMP to help lead SMSF drive

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AMP’s newly formed business unit, AMP SMSF, has appointed Craig Jameson as Director, Business Operations effective immediately.  Mr Jameson was previously Managing Director at ANZ-owned SMSF specialist Super Concepts. 

Mr Jameson will be accountable for setting up AMP SMSF’s business operations, including creating and implementing its business architecture and overall strategy. 

AMP SMSF Managing Director Paul Sainsbury said Mr Jameson’s SMSF expertise and reputation is an important addition to the newly formed AMP business. 

“We are excited that Craig has joined our team – he has successfully led the second largest professional administrator in the market for a number of years and he brings to AMP a deep understanding of, and passion for, the SMSF market.  I look forward to working with Craig and the rest of the AMP SMSF team to create a new force in the SMSF market,” Mr Sainsbury said. 

Mr Jameson’s appointment follows the 27 June launch of a new AMP business unit focused solely on the SMSF market – AMP SMSF.  He joins SPAA Chairman and former Cavendish Managing Director, Andrew Hamilton, on the AMP SMSF senior management team, reporting to Paul Sainsbury.  

Mr Jameson said he was pleased to join a business with a clear and compelling strategy for the SMSF market.  

“This is an exciting and attractive sector and it makes sense for AMP to look for growth opportunities in this market.  AMP SMSF offers customers a choice in terms of administration providers, and in conjunction with the broader AMP Group, will develop customer and adviser-friendly SMSF offers, to drive SMSF take-up,” Mr Jameson said. 

Prior to joining Super Concepts in early 2009, Mr Jameson was ING Australia’s Head of Strategy and Transformation, Customer Solutions. 

Mr Jameson has also held roles as ING Australia’s Head of Customer Service for employer superannuation, Belle Property Chief Operating Officer, and a number of roles at Tower Australia, including Head of Operations. 

AMP SMSF was established as a new business unit by AMP to expand its presence in the fast growing self-managed superannuation funds market.

It comprises AMP’s existing SMSF administration businesses, Multiport and Ascend, and will work closely with SuperIQ which is 49 per cent owned by AMP.

AMP also has an agreement to acquire The Cavendish Group with completion expected early July subject to a number of conditions.

 4 July 2012