SMSFs as wholesale clients: a continuing sea of grey

SMSFs as wholesale clients: a continuing sea of grey

The confusion and debate about wholesale clients and in particular, when a SMSF trustee can be a wholesale client, continues as a recent SMSF Adviser Article points out. Whenever advising a SMSF trustee, the adviser must always carefully consider the nature of the...
QAR Tranche 1 – Progress or Misstep?

QAR Tranche 1 – Progress or Misstep?

The long awaited first tranche of QAR has been tabled, and, as you can see from the commentary flying around, it leaves a bit to be desired and contains some large ‘misses’. From what we see and hear, there’s a fair way to go on this one and the 1 July kick off looks...
Are you willing to say no to a client?

Are you willing to say no to a client?

Some clients walk into an adviser’s office with only the broadest goals for their financial future. Others arrive with strong opinions about how and where they want to invest their money. Both ends of the spectrum challenge an adviser, who’s obligated to act in a...