Capstone, one of Australia’s leading, national independently owned Licensees, has entered into a business alliance partnership with The Tax Institute to offer Authorisation Solutions to the Institute’s national membership of accountants.
From 1 July 2016, accountants wanting to provide any financial advice, including advice relating to SMSFs will need to hold an AFSL or operate under an AFSL. Although industry bodies continue to inform and educate their members about the implications of the forthcoming changes, many accountants remain unsure about the requirements and uncertain about the decisions they need to make before the legislation takes effect.
In response to these concerns, Capstone and The Tax Institute have formed the business alliance to offer members of The Tax Institute with authorisation solutions and access to the information and resources they need to make an informed decision for their business and advice needs. The alliance will see Capstone facilitate SMSF Authorisation information and education sessions for members in Sydney, Melbourne, Adelaide, Brisbane and Perth during September and the formation of a dedicated Accountants’ Support Team to assist members to obtain their authorisation.
“We’re delighted to announce this business alliance with The Tax Institute,” said Capstone Managing Director Grant O’Riley. Many accountants are beginning to realise that the removal of the accountants’ exemption is not going to go away. As a leading independently owned Licensee, Capstone is one of the few national providers that provides accountants with a ‘one stop shop’ for all their authorisation and business support needs. Unlike other providers, we are not aligned to any bank, fund manager or financial institution and from our discussions, this is a quality that many accountants value,” he said.
This business alliance with The Tax Institute provides further credibility to the partnerships Capstone already has in place with BGL Corp and the Institute of Public Accountants to provide authorisation solutions to accountants.
Source: Capstone
