ASIC questions SMSF advice in proposed guidanceBY LAURA MILLAN | MONDAY, 16 SEP 2013 12:30PMThe Australian Securities and Investments Commissions (ASIC) has called into question the quality of advice given to self-managed superannuation funds (SMSF) investors in proposed guidance it has released today. Related News |
Editor's Choice
Insignia Financial to trial four-day work week
|Insignia Financial is set to pilot a four-day work week, a win for employees in recent Enterprise Agreement (EA) negotiations.
ASIC cancels fewer AFSLs in FY24
|ASIC cancelled or suspended 239 AFS licences (AFSLs) in the 2024 financial year, which is 9% lower than the prior period.
BNP Paribas shutters EARTH Trust
|Three years on from its launch, the BNP Paribas EARTH Trust is to be wound up.
Coller Capital opens PE secondaries fund to Aussie investors
|Coller Capital has launched the Coller Private Equity Secondaries Fund to Australian private wealth investors.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
The embedded value of digital vaults
Those of us working within the financial services industry are only too aware how important it is to safeguard sensitive information against data breaches ...
NALE: There's still work to be done
Recent legislative amendments have reduced the tax penalty for some expense shortfalls but not all.
Super funds need to get better as they get bigger
While rapid growth sounds like a good problem to have, many superannuation funds are wrestling with it.
Navigating the stage three tax cuts with certainty
This year, the first of July marked more than just the start of the new financial year; it was also the beginning of the government's stage three tax ...
Featured Profile
Justine Marquet
HEAD OF TECHNICAL SERVICES
ALLIANZ RETIRE+
ALLIANZ RETIRE+
Allianz Retire+ head of technical services Justine Marquet is at the forefront of a new and exciting phase of the retirement system, sharing how she is using her well-rounded skill set to revolutionise the next chapter. Karren Vergara writes.
Download the app Premium subscribers can access even more content from Financial Standard. |  |
Interesting. Pity won't apply to all those practitioners not required to be licensed re SMSF's for nearly 3 years ie: Tax Agents & Accountants. Close the net on this activity that's been going on for years here (establishment with 'no advice') and will bring some much needed progress to protect consumers.