Opinion
Accountants the ‘big omission’ from financial advice overhaul
Accountants represent a pool of specialists ideally placed to fill the crucial financial advice gap, but they have been largely ignored.
Peter BurgessContributorWhen looking at what next year holds for self-managed super fund (SMSF) trustees, it’s a mixed bag. There are some positive signs for trustees, not least on the investing front, but they must be weighed against some negative trends that could have a deleterious effect on the superannuation sector.
Let’s start with the positives. On the groundbreaking Quality of Advice Review, the federal government has agreed to many of the recommendations designed to remove red tape and make it easier and more cost-effective for advisers to provide financial advice.
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