SMSF Advisers Network is an Australian Financial Services Licence (AFSL) owned and operated by the NTAA, aimed at supporting accountants in providing Self-Managed Superannuation Fund (SMSF) advice following the removal of the accountant’s exemption. With the requirement for accountants to be licensed under an AFSL since July 2016, many have found themselves in need of aligning with a full licensed AFSL to continue servicing their SMSF client base. Recognizing the challenges accountants face in operating a full-service financial planning operation, the SMSF Advisers Network AFSL focuses on authorizing advice specifically related to clients’ SMSF needs.
The SMSF Advisers Network AFSL provides members with the authorization to advise clients on various aspects of SMSFs, including setup, pension changes, LRBA structures, contribution levels, rollovers, and asset class investment strategies tailored to individual investor risk profiles. By offering ongoing support for accountants wishing to provide Superannuation and SMSF advice to their clients, the network aims to streamline the process and ensure compliance with the necessary licensing requirements. This approach allows accountants to focus on delivering high-quality SMSF advice without the burden of operating a full financial planning service.
Operating from the perspective of the accountant, the SMSF Advisers Network PTY LTD emphasizes the importance of meeting the specific requirements of a full licensed AFSL while enabling members to deliver comprehensive SMSF advice to their clients. Located in South Melbourne, VIC, the network serves as a valuable resource for accountants seeking to navigate the complexities of providing SMSF advice within the regulatory framework. With a focus on empowering accountants to continue serving their SMSF client base effectively, the SMSF Advisers Network plays a crucial role in facilitating the provision of tailored and compliant SMSF advice in the ever-evolving financial landscape.