Class partners with A.S.A.P Advice

12 July 2017
| By Hope William-Smith |
image
image
expand image

Class is partnering with specialist accountants’ scaled advice platform, A.S.A.P Advice to reduce the costs associated with complying with financial licensing laws following the repeal of the accountants’ exemption to advise on self-managed superannuation funds (SMSFs) without a licence.

A.S.A.P chief executive Jim Hennington said up to a quarter of SMSFs needed product advice and support each year.

“The integration with Class makes it simpler for accountants to adhere to their increased licensing rules, using technology to drive down the cost and maximise ease of use,” he said.

“The advice scoping tool built within A.S.A.P. has been vetted…so that accountants can be confident.”

Integration of Class and A.S.A.P technology would also see unlicensed accountants continue to provide all-round advice, with the exception of taxation.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

18 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 12 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND