It’s financial product advice, not property, that worries ASIC
ASIC commissioner Greg Tanzer says ASIC has “no particular problem” with SMSFs investing in real property but it is concerned that advice to invest in property is being improperly provided to trustees. “People provide a financial service if they provide financial product advice,” Tanzer told the 2014 SPAA SMSF National Conference in Brisbane. Financial product













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