ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...READ MORE
Accountants do not want to ‘go back to school' to secure an Australian Financial Services Licence (AFSL) to continue to provide advice to clients with self-managed superannuation funds, and are looking for alternative solutions ahead of the removal of the accountants' exemption, FPT Wealth believes.
Offering another option to securing their own AFSL, FPT Wealth director, Tony Bates, said the company would enable accountants to outsource the delivery of high-end financial advice to FPT WealthBox, without having to undergo RG 146 education.
Read the full story at Money Management.