Tips for selecting a SMSF Support Partner for your accounting firm

If you are an accountant working with SMSF clients in the new licensing regime, selecting the right SMSF support partner is crucial to your business.

Many accountants have decided not to seek an AFSL and remain focused on their core areas of expertise.

If you are one, the RG146 regulatory regime now requires you to refer clients for the SMSF advice you are no longer authorised to give.

How accountants can continue to provide service to SMSF clients without infringing ASIC guidelines

As a trusted advisor, your clients rely on you to help them achieve their financial goals. In the new regulatory regime you can continue to meet clients’ needs by referring any SMSF matters to trusted professionals who are authorised and accredited in this field to complement your own service offerings.

Referral partner vs. support partner?

Accountants don’t necessarily have the resources or the inclination to attain and maintain the onerous responsibilities of licencing. But those wishing to retain their SMSF client relationships, with the benefits of outsourced support in advice and administration, can engage a specialist SMSF support partner like Intuitive Super.

Making the accountant the hero, Intuitive Super is set up as specialist support partners to carry out authorised and accredited SMSF advice and set up. With Intuitive Super there are no mixed agendas when servicing clients – each client relationship stays firmly in the accountant’s control.

What should I look for in a SMSF advice partner? 

Intuitive Super recommends conducting rigorous due diligence before selecting an advice partner to ensure they have the capability and client service attitude that fits with your own accounting business:

  • Read about Intuitive Super’s approach to ASIC, accountants and advice here.
  • Or review the capability and expertise of the Intuitive Super team here.

If you are an accountant working with SMSF clients in the new licensing regime, selecting the right SMSF support partner is crucial to your business. Call Intuitive Super today on 1300 856 064 to find out more or to discuss a quote.

Wayne Turner

PSD698. All information on this website constitutes general advice only. The information provided has been prepared without taking into account your objectives, financial situation or needs and applies to Australian Residents only. Intuitive Super Pty Ltd ABN 80 168 211 194 is a Corporate Authorised Representative (Number 1239058) of Millennium3 Financial Services Pty Ltd ABN 61 094 529 987 Australian Financial Services Licensee- Licence Number 244252 Unit 7, 50 Borthwick Ave, Murrarie Q 4172.

Last Updated:27-05-2019 08:30