Law firm Berrill & Watson has called for an update to ASIC guidance’s on the minimum starting balance an SMSF should have in order to be in the best interests of a client.
Read the full article at SMSF Adviser.
Govt told to raise minimum SMSF balance recommendations
A law firm has urged ASIC to increase the recommended threshold for establishing an SMSF following concerns around performance raised by the Productivity Commission’s draft report.
