Accountants set to ramp up super offerings
Research has shown that despite the slow start on the licensing front, a major chunk of accountants plan to significantly ramp up their superannuation-based advice services. As it stands, there are lengthy hold-ups at ASIC, as the bulk of accountants applying for an AFSL lodged their applications after the soft deadline of 1 March this year. Some can expect delays of up to 12 months before their licences are approved.