ASIC has today released Information Sheet 216 – which covers how the AFS licensing regime applies to SMSF services provided by accountants.  This is designed to help SMSF accountants transition to the tightened AFSL environment since 1 July 2016. Estimates are that 70% of SMSF accountants haven’t  obtained any form of AFS license.  They therefore must … Continue reading ASIC releases long awaited AFSL guidance for SMSF accountants