RISE Standards (RISE) is a Limited Financial Services Authorisation that has been designed by Guy Thompson to assist Accountants to not only secure the Self Managed Super Fund arm of their businesses but also to support them to substantially grow and develop this area in the future.
Rise provides the following options to those practices wishing to provide their customers with such important information:
1) Authorised Representation
2) Accountant Business Development Agreement
This licensing option is suitable for those practices that wish to secure and substantially grow the financial services arm of their business including Self Managed Super Fund (SMSF) by offering advice themselves.
Accountant Business Development Agreement
For those Accountants who wish to ensure their customer’s financial services (non accounting including SMSF advice) remain linked to their practice by partnering with a reputable licensed provider.
The above options exceed the requirements of current and proposed legislation.
Rise also removes financial and professional risk to the accountant.