The federal government must allow accountants to play a more significant role in the provision of financial advice and should look to the SMSF sector as to the areas in which this move could make a significant difference, the head of the premier industry body has said.
Speaking at the Institute of Public Accountants National Congress 2023 in Sydney on Friday last week, SMSF Association chief executive Peter Burgess told delegates: I think a good example [of the role accountants can play in providing financial advice] is in relation to self-managed super funds. If you think about tax planning, if you think about advice that accountants provide to small business owners and business restructuring, SMSFs feature very prominently in those dis…
Read the full article at: https://smsmagazine.com.au/news/2023/12/04/advice-a-must-for-accountants/