SMSFs' use of advisers plummets: ResearchBY ANDREW MCKEAN | WEDNESDAY, 22 MAY 2024 12:50PMThe number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report. Related News |
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Paul Heath
CHIEF EXECUTIVE OFFICER
KODA CAPITAL PTY LTD
KODA CAPITAL PTY LTD
Koda Capital chief executive and founding partner Paul Heath grew up a stone's throw from the company's chair Steve Tucker in Perth. Their eventual collaboration gave rise to one of Australia's premier independent wealth management firms. Andrew McKean writes.
Why would you pay to see a licensed financial planner with the associated costs when unlicensed accountants are providing the same advice illegally with no action being taken by ASIC against them for a lower cost? The system is broken and that is due to the people overseeing the system.