{"id":866,"date":"2015-09-01T09:40:35","date_gmt":"2015-09-01T00:10:35","guid":{"rendered":"https:\/\/fwgs.net.au\/?p=866"},"modified":"2015-09-23T10:11:53","modified_gmt":"2015-09-23T00:41:53","slug":"asicwarns-rg146","status":"publish","type":"post","link":"https:\/\/fwgs.net.au\/asicwarns-rg146\/","title":{"rendered":"(RG146) ASIC’s Warning on Deadline and our Top Tips (2 of 2)"},"content":{"rendered":"

In yesterday\u2019s article we highlighted that ASIC has put on record that a soft deadline of 1 March 2016 is in place.\u00a0 This new soft deadline is to avoid the last minute stampede. Effectively, this gives accountants six\u00a0months to complete their training and settle on a solution to continue to do what they have always done when giving advice on the setting up and winding up of SMSF\u2019s.<\/p>\n

The key considerations for your practice are as follows:<\/p>\n

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  1. Scheduling in RG146 training (tip: ensure your facilitator comes to you, your assessments are completed during the course and it runs for 2 days).<\/li>\n
  2. Consider how your practice will give advice if only one partner or the principal is authorised<\/li>\n
  3. Select a licensee that pays your firm weekly<\/li>\n
  4. Select a licensee with para planning capacity<\/li>\n
  5. Select a licensee that has software that ensures you comply<\/li>\n
  6. Select a licensee that offers you a share of their profits<\/li>\n<\/ol>\n

    James Barger-Bos, the fwgs ceo said, \u2018my message to accountants is clear: don\u2019t be complacent, you need to act now. ASIC have accountants on notice that they need to implement their strategy now.\u2019<\/p>\n

    Finance wise global securities recommends accountants become authorised under their license. We have a solution that is simple, clear and cost effective. Contact us at info@wordpress-784484-2675404.cloudwaysapps.com<\/a>\u00a0or register your interest <\/a>on our website. We have face-to-face RG146 training scheduled in Adelaide, Sydney and Perth.<\/p>\n

    If you\u00a0found this article interesting, why not<\/strong><\/p>\n