Monthly Archives: August 2013
FUNDS MANAGEMENT & FINANCIAL SERVICES Alert: Accountants’ limited AFS licence: is it right for your practice?
1 August 2013
As part of the Future of Financial Advice reforms, the exemption which allows accountants to give advice about self-managed superannuation funds without holding an Australian financial services (AFS) licence will be repealed. To facilitate accountants moving to the AFS licensing regime, the Federal Government has created a new form of AFS licence referred to as a ‘limited’ AFS licence.View PDF