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The Financial Ombudsman Service (FOS) has warned accountants on some of the common causes of disputes relating to advice, with the end of the accountants' exemption now only six months away.
Speaking to SMSF Adviser, FOS lead ombudsman for investments and advice June Smith said one of the common SMSF-related matters FOS has seen over the past 20 years is where practitioners have failed to properly take into account the client’s individual circumstances.
Read the full story at SMSF Adviser.