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Planner-accountant teamwork can increase profit

The scrapping of the accountants' exemption, which allowed accountants to advise on self-managed superannuation funds (SMSFs) without an Australian Financial Services Licence (AFSL), presents an opportunity for accountants to increase their revenue and profitability within the accounting firm.

Planner-accountant teamwork can increase profit
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That was the opinion of GPS Wealth director, Greg Holman, who made the point despite accountants previously expressing displeasure with the fact that planning practices would take a cut of all fees that accountants would generate under the new licensing regime.

Read the full story at Money Management.

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