Lonsdale reinforces accountants' options on SMSFs

7 October 2010
| By Mike |

Lonsdale Financial Group is reinforcing its offering to accountants to enable them to continue offering advice with respect to self-managed superannuation funds (SMSFs).

The company’s executive director, Kon Costas, this week referred to the proposed withdrawal of the exemption allowed to accountants advising in the SMSF space and the fact that there were currently 120 SMSF Specialist Authorised Representatives in the Lonsdale network.

“In recent times we have had a high level of enquiry and demand from both our aligned accounting and non-aligned accounting practices looking for licensing solutions to authorise their SMSF specialists so they can continue to provide advice,” he said.

Costas said that the Lonsdale solution meant that accountancy businesses could align with Lonsdale as authorised representatives specialising in SMSFs and therefore retain their SMSF clients.

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