Licensing and Advice Issues
A Quality of Advice Review report has recently been presented to the government for final review. This report seeks to address concerns surrounding the SMSF industry particularly, issues regarding the provision of financial advice. The effect of the review is expected to flow through in the 2023 financial year.
ASIC released its updated SMSF advice guidance last December 2022 by removing the $500,000 threshold for new SMSF setups and highlighting the importance of seeking a financial adviser that possesses an SMSF specialist knowledge. See here for ASIC’s Information Sheet 274 – INFO 274.
Superannuation Warehouse is an SMSF-specialist accounting firm. We are not financial advisers and do not provide any form of financial advice. However, we provide factual information regarding SMSFs. For more on info on financial advice, please see here.
Your Peace of Mind
Superannuation Warehouse is based in Melbourne and have clients throughout Australia. We deliver our SMSF administration services in an efficient and paperless way. This efficient service means a competitive fee to you. Our low ongoing fees will enable you to take control of your Super.
General Advice
Superannuation Warehouse is an accounting firm and do not provide financial advice. All information provided has been prepared without taking into account any of the Trustees’ objectives, financial situation or needs. Because of that, Trustees are advised to consider their own circumstances before engaging our services.
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