Are you in the market for some general financial advice about superannuation or simple managed investment schemes? Well, you don’t necessarily have to see a financial adviser. Depending on the circumstances, your accountant could help you with what you need in addition to taking care of your tax queries.
Accountants who are limited AFS licensees or representatives of limited licensees can give certain financial advice to their clients. This means you could potentially save time and money by getting your tax, accounting and financial advice in the same place.
Specifically, the financial services that could be given by a limited AFS licensee include:
advice for specific superannuation products, in relation to your existing holding for the purposes of making a recommendation to establish a self-managed super fund (SMSF), or to provide advice about contributions or pensions under superannuation products;
class of product advice in relation to superannuation products, securities, general insurance, life risk insurance, basic deposit products, and simple managed investment schemes;