The health of the SMSF sector is reliant of the professional judgement and expertise of financial advisers, according to regulators from ASIC and the ATO. With a “significant variance” in the knowledge and capability of new and existing trustees in running their SMSFs, planners are needed as gatekeepers to filter out people inappropriately creating their own funds.
There’s room for improvement with advice documents and advisers have made suggestions that could save time and effort while enhancing consumer comprehension.
<p><span>I am pleased to appear before the Committee once more and welcome Senator O’Neill as the new Committee Chair. I am joined today by Deputy Chairs Sarah Court and Karen Chester, Commissioner Sean Hughes, Chief Operating Officer Warren Day, Executive Director of Strategy Greg Kirk, Executive Director of Markets Greg Yanco and our General Counsel Chris Savundra. Commissioner Danielle Press is unable to join us today, so I have asked Senior Executive Leaders Leah Sciacca and Jane Eccleston from our Financial Advisers and Superannuation areas to join us. Jane will join us after the break, so perhaps we could have your questions about superannuation then.</span></p>
The regulator has released the sitting dates for next year’s adviser exams. ASIC has announced that the first financial adviser exam sitting of 2023 will be held on Thursday 16 February 2023. In a
The regulator has released the sitting dates for next year’s adviser exams. ASIC has announced that the first financial adviser exam sitting of 2023 will be held on Thursday 16 February 2023. In a