SMSF Association Submission
The SMSF Association welcomes the opportunity to put forward our submission to the Quality of
Advice Review. We thank Reviewer Michelle Levy and the Treasury Secretariat for the consideration
given to this submission.
The Association has been working closely with a group of 12 industry associations on a range of
industry issues. Together we all have a strong history of collaboration, and so it was natural for us to
come together in response to the Quality of Advice Review.
The result of these relationships will be other joint submissions which will be submitted under
separate cover. We ask that these be considered in addition to this submission.
In this submission, we have sought to address issues relating specifically to our members and the SMSF sector. Broader issues impacting the financial advice sector will be addressed in the joint associations submissions.
Professionals operating in the SMSF sector come from a range of different professions. The multidisciplinary nature of the sector is reflected in the SMSF Association’s membership and include:
- Financial Advisers
- Accountants and Tax Agents – licensed and unlicensed
- ASIC registered SMSF auditors