The purpose AUDITofSMSF free General Advice Website, is one of our way’s to exceed the expectations of our clients (Accountants, Financial Advisers andAdministrators) by providing general advice on SMSF. We do not take on SMSF trustee’s as clients directly but urge the trustee to introduce us to the Professional Adviser to obtain consent in order to engage the SMSF Trustee directly.
Our Free General Advice Website has been written in more easy to understand language so that it can be more readily understood for the clients of adviser’s. We understand each professional is different in the way they advise their clients. Some prefer to point clients to information on SMSF areas of law to enable the client to understand the ‘background issues’ before implementing a strategy. It is for these reasons we have written this Free General Advice Website.
We also alert the reader that the word “General Advice” has a specific meaning within financial services law, it means advice that is general in nature and not specific. Specific Advice means advice that is provided in consideration of specific client information that has been obtained. It is for these reasons that our website should not be used by users to make decisions and implement those decisions.
SMSF strategies, decisions and implementation thereof should be carried out with regard to your specific situation. Using the internet, information on topics can be readily accessed however the accuracy, completeness, and currency of the information should always be questioned, our website is not excluded from this. Laws change frequently and as such we always urge readers to take comfort from your increased understanding of what you read, but always seek advice from your professional adviser before implementing a strategy to ensure accuracy, completeness, and currency of the law in respect to the specific advice.
Accordingly AUIDITofSMSF disclaims any liability whatsoever arising from any user relying of this website. That said we hope that this website assists you in:
- Basics – understanding the basic concepts & SMSF Rules.
- Strategies – some basic strategies to consider when understanding the SMSF rules
- User friendly navigation – through user focused topic headings & hyperlink references to terms.
- Rates & Thresholds – relevant rates and thresholds.
