It Depends! The ethics of SMSF advice

  • Presentations
  • Ethics

Technical Summit 2023

This workshop examined the ethics of SMSF Advice discussing how Advisers can meet the best interest duty in the Corporations Act and the Code of Ethics using a series of case studies that represent the lifecycle of SMSF Advice.
 
We introduced and discussed a range of client scenarios that advisers face each day in practice, each scenario will have different ethical considerations that require advisers to use their professional judgement when making decisions.
 
Because no two answers will ever be the same, this workshop allows attendees to practice their ethical decision-making skills to help develop a compliant, and client focussed advice culture.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association