• Practical tips for SMSF advice providers

    Giving advice to SMSF investors - practical tips

    In 2012 the Australian Securities & Investments Commission (ASIC) set up a self-managed super fund (SMSF) taskforce to look at risks in the SMSF sector. ASIC has released its first report from the taskforce, which looks at improving the quality of advice given to investors. The taskforce reviewed the quality of a sample of SMSF advice given to investors.

    The report summarises the findings from the SMSF file reviews and identifies a number of practical tips that you as an advice provider can use to improve the quality of SMSF advice you provide to investors.

     Callout - Direction - Find out more

    For more information about ASIC's report including a number of practical tips SMSF advisors can use, go to the ASIC website asic.gov.au and refer to Maintaining a healthy SMSF sector - Improving the quality of advice.

      Last modified: 20 May 2013QC 34178