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FASEA, licensing weeding out good accountants, warns mid-tier

The addition of the new FASEA standards on top of the licensing regime is seeing fewer accountants providing advice and has failed to weed out those providing poor advice, according to a mid-tier firm.

FASEA, licensing weeding out good accountants, warns mid-tier
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FASEA, licensing weeding out good accountants, warns mid-tier

Pitcher Partners managing partner for Newcastle Michael Minter said the removal of the accountants’ exemption happened at a time when demand for advice was increasing due to the super reforms, with clients requiring advice around pensions, contributions and tax strategies.

Read the full article at SMSF Adviser.

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