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ASIC issues warning to accountants

When the accountants' exemption expires on 1 July, accountants will be breaking the law if they provide advice on SMSFs without a valid licence, ASIC has warned.

ASIC issues warning to accountants
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In an statement released to the market yesterday, the corporate regulator issued a warning to accountants who provide advice on SMSFs are yet to apply for an Australian Financial Services Licence (AFSL).

Read the full story at InvestorDaily.

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