SMSF Association statement on conduct of Sam Henderson

  • Mr Sam Henderson is an Associate member of the SMSF Association. He does not hold an accreditation from the SMSF Association and has not had his knowledge and expertise validated by the Association.
  • Only SMSF Association Specialist members are entitled to use the SMSF Association brand once they have been accredited by the Association.
  • The SMSF Association is disappointed by the conduct attributed to Mr Henderson and Henderson Maxwell revealed by the Royal Commission.
  • The conduct appears to have resulted in breaches of the SMSF Association Code of Conduct which all members must abide by.
  • Accordingly, the SMSF Association has initiated disciplinary proceedings regarding Mr Henderson’s conduct.
  • If it is proven that Mr Henderson has breached the SMSF Association’s code of conduct, appropriate sanctions will be applied.
  • The SMSF Association’s member conduct and disciplinary procedures can be found here:
  • The SMSF Association is concerned by any instances of SMSFs being inappropriately recommended as a superannuation vehicle to consumers. SMSFs are not appropriate for everyone and financial advisers should carefully consider and understand the personal circumstances of their clients before recommending an SMSF as a retirement savings vehicle.