Fair points lindso, But will say like any contractor watch their work & get them off the job immediately when they do not perform, be it plumbers or financial planners. the whole finance industry should be tightened up remove the bad keep the good, some heavy self regulation of the industry needed.
Yes i find the tax thing a croc as well lindso, again refer above comment, just more control over people & more fees be it accountants or financial planners, make it complex confuse than control. Warnie, would you use a finance company to buy a car or a house their are better offers through commsec & other banks, for property through SMSF, without the added risk of a finance company providing the money.
(i dont have a housing component in smsf as i see property as overvalued with a large chance of declines at the best stagnating for 15 years, at least)
