Absolutely, you assessment is correct.Many people don't understand the developing regulatory framework and or have been slow in understanding the implications. For once I agree with Mackeral, if I was managing a large number of SMSF or large funds, why not invest in the platform that does the compliance for me at a low cost. The same for organizations that have high staff turnover,casuals and an ongoing workforce this platform reduces workload while being compliant. The next few weeks will determine if In Trent and CO. we trust or it is aFIGAM.
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Absolutely, you assessment is correct.Many people don't...
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