Accountants Exemption ending, new regime of Limited Financial Advice starting 1/7/16

In July 2016 we will lose the accountants exemption to provide limited financial advice. We have been preparing ourselves to be ready to transition to the new regulations by undertaking the training required to become certified as limited financial advisers under RG146.

Starting in July 1 2016 we will continue to provide limited financial advise however it will be treated as a separate service as we will be joining a financial advisory group specifically set up to allow accountants to continue to provide this advise (we are not becoming financial planner - so not product advise).

This will mean you will get two invoices from us now - your regular invoices for accounting and taxation services and an invoice from the Financial License Holder for the limited financial advise we provide.

The invoices will be the only change you notice (along with a smart new folder and lots of additional paper work) as we intend that our service remains the same.