Oct 3, 2017 | Industry news
Unlicensed accountants utilising the SMSF ‘execution only’ exemption may run afoul of ASIC and ruin their ‘trusted adviser’ relationship with clients if they do not recommend they receive advice first, warns an industry lawyer. Ms Lumsden Kelly believes...Sep 23, 2017 | Industry news, Our articles
In 2012 in response to the growth in SMSFs, ASIC established the SMSF Taskforce. The Taskforce continues to meet regularly to examine high-risk and emerging SMSF issues such as property spruiking to SMSFs, unlicensed conduct and false and misleading advertising of...Sep 21, 2017 | Industry news
Industry lawyer, Jamie Lumsden Kelly has warned unlicensed accounting firms that justifying the provision of services without a licence on the basis that it was ‘execution only’ is a risky move that could land them in trouble. There are a number of accounting firms,...Sep 5, 2017 | Industry news
PI Insurers are worried accountants aren’t properly aware of their PI policies when it comes to ASIC licensing. A.S.A.P. provides a safe, cost-effective referral solution for accountants. The following article was published on the SMSF Adviser website on 5...Aug 28, 2017 | Industry news
A Tasmanian actuarial firm working with SMSF accountants all over Australia is in the running to take out one of Australia’s most coveted SMSF awards. A.S.A.P. Advice has been shortlisted as a finalist in the Customer Service Firm of the Year category at the 2017 SMSF...