SlideShare a Scribd company logo
How accountants
can prepare
for the SMSF
licensing changes
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
$10
The 1 July 2016 deadline
for the removal of the
accountants' exemption
is fast approaching
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Where will your clients go
for SMSF advice after
1 July 2016?
?
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Accountant
Authorised
Representative
provides the
Y
N
Talk to
Count about how
needs and add value
NY
provide additional
financial advice
services to
Will you
continue to
provide SMSF
advice to
Become an
Authorised
Representative
to offer a full
suite of advice
services.
Not sure how
your clients
will continue
to get the right
Options to consider
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
A. Apply to ASIC
for your own AFSL
WELCOME TO
ASIC
Options to consider
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
B. Become an authorised
representative of an
existing AFSL holder
Options to consider
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Fact: Only 43% of AFS
limited licence applications
have been approved by ASIC.
APPLICATION
ASIC, 15-227MR Applying for a limited AFS licence – the time to act is now, 25 August 2015
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Take the headache
out of July 2016
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Count can help you
decide which choice
is right for your practice
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
And guide you
through the process
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Did you know?
Lack of time and obtaining relevant
qualifications are the most common
barriers for accountants who want
to obtain an ASIC limited licence
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Are you ready for 1 July 2016?
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Make this summer count.
RG146 Summer School,
the smart way to kick
off your New Year
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
Count has more than
35 years’ experience
helping accountants
build on their success
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU
1300 732 266
solutions@count.com.au
count.com.au
AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS.
COUNTSOLUTIONS.COM.AU

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How accountants can prepare for the SMSF licensing changes

  • 1. How accountants can prepare for the SMSF licensing changes AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU $10
  • 2. The 1 July 2016 deadline for the removal of the accountants' exemption is fast approaching AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 3. Where will your clients go for SMSF advice after 1 July 2016? ? AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 4. Accountant Authorised Representative provides the Y N Talk to Count about how needs and add value NY provide additional financial advice services to Will you continue to provide SMSF advice to Become an Authorised Representative to offer a full suite of advice services. Not sure how your clients will continue to get the right Options to consider AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 5. A. Apply to ASIC for your own AFSL WELCOME TO ASIC Options to consider AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 6. B. Become an authorised representative of an existing AFSL holder Options to consider AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 7. Fact: Only 43% of AFS limited licence applications have been approved by ASIC. APPLICATION ASIC, 15-227MR Applying for a limited AFS licence – the time to act is now, 25 August 2015 AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 8. Take the headache out of July 2016 AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 9. Count can help you decide which choice is right for your practice AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 10. And guide you through the process AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 11. Did you know? Lack of time and obtaining relevant qualifications are the most common barriers for accountants who want to obtain an ASIC limited licence AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 12. Are you ready for 1 July 2016? AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 13. Make this summer count. RG146 Summer School, the smart way to kick off your New Year AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU
  • 14. Count has more than 35 years’ experience helping accountants build on their success AUSTRALIA’SLARGESTNETWORKOFACCOUNTANT-BASEDFINANCIALADVISERS. COUNTSOLUTIONS.COM.AU