Superannuation Warehouse is an accounting firm. Therefore, we do not provide any forms of financial advice to our clients.
Since July 2013, an Australian Financial Services License (AFSL) is needed for businesses to provide financial advice to clients. As Superannuation Warehouse does not operate under an AFSL, we do not provide any forms of advice to our clients. Trustees need to be aware of their own financial needs and situation when setting up and operating their Funds.
The two main types of advice SMSF’s Trustees may be after are:
General advice refers to advice that is provided to the client without taking into account of the client’s personal financial situation, needs or investment goals
Specific advice or personal advice is advice provided to clients taking into account of the client’s personal financial situations, such as income and investment risk profile.
Trustees are required to manage their own Funds, including making their own investment decisions.
Financial Advice is provided by a Financial Advisor or Planners. The Financial Planners then charge a fee, either as an upfront payment and/or ongoing fees and commissions. For more information on traditional financial advice, please click on the button below:
Robo Advice is financial advice conducted by clients online with minimal or no human intervention. Clients are required to answer a series of questions via the robo advice software. The Robo Advice software then generates the optimum investment portfolio matching the client’s investment risk profile, determined by the answers provided by the clients. For more information on robo advice, please click on the button below: