SMSFA joins push for licensing action
The SMSF Association has warned accountants not to assume the accountants’ exemption will be extended and has urged them to start preparing for the new licensing regime now.
SMSF Association head of education services Liz Ward and Licensing for Accountants …
Read MoreASIC specifies new date for licensing applications
ASIC has issued a stern warning to accountants, saying those who do not lodge limited licence applications before a newly-specified date face a significant risk that their application will not be assessed before the 30 June 2016 deadline.
The corporate …
Read MoreIPA urges members to act on limited licensing
The Institute of Public Accountants (IPA) has backed calls by the Australian Securities and Investments Commission (ASIC) for accountants to stop delaying engaging in the limited licensing regime which replaces the accountants exemption from 30 June, next year.
The IPA …
Read MoreTime running out for accountants wanting to be licensed
Accountants are fast running out of time to become licensed, warns the SMSF Association’s Head of Education Services Liz Ward and Licensing for Accountants CEO Kath Bowler.
“July 1 next year might seem an eon away, but the reality is …
Read MoreAccountants’ apathy now ‘a real concern’
Practitioners who have not yet begun preparing for the end of the accountants’ exemption may miss out on their first-choice licensee since AFSL holders will be able to cherry pick the accountants they want, according to one licensing consultant.
A …
Read MoreAccountants warned to move now on licensing
Accountants have been warned to take action on licensing now, with the accountants’ exemption set to end in less than 12 months.
Greg Holman, co-founder of independently-owned financial planning and accounting group GPS Wealth, warned accountants not to leave it …
Read MoreAccountants at risk of Corporations Act breach
With less than a year left until the Accountants Exemption expires accountants need to know what financial product advice is to understand how not to provide it, a lawyer believes.
Until 30 June 2016 accountants are still able to provide …
Read MoreCan you flip a property safely?
Australia’s runaway residential property market is awash with investors who are fast crossing the line into speculative buying.
Lured in by record low rates, a faltering sharemarket and get-rich-quick do-it-yourself renovation shows, growing numbers of investors are making highly leveraged …
Read MoreThe rise of robo-advice
Q: With the introduction of robo-advice, is this an opportunity or threat for the financial planning profession?
The answer to this question is that it can be either, depending on your current value proposition.
It has always puzzled me that …
Read MoreWhat are accountants doing wrong with SMSF licensing?
With time until the expiry of the accountants’ exemption running out, it’s important that accountants know where they’re going wrong in their licensing applications and why ASIC continues to reject them.
The time for accountants to obtain a limited Australian
…