Met with some new clients last week who had an existing SMSF set up by an accountant recently (post 1st July 2016). Fund was set up based on 'client direction', no SOA provided, no advice provided, no warnings about loss of insurance, just an instruction to go get a bank account sorted and you can use these forms from the ATO to rollover your existing super.
Do your clients plan to add additional members to their SMSF if the new six member limit is passed as law?
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