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In new research from Investment Trends, 60 per cent of SMSF trustees using an accountant for tax purposes would use them for investment advice, but are facing barriers with licensing restrictions.
The 2017 Vanguard and Investment Trends SMSF Report found that a record high 277,000 SMSFs reported having unmet advice needs across three clusters of tax and super, retirement strategies, and investment advice. This is from a total pool of 585,000 SMSFs.
Read the full article on Accountants Daily.