Beware the property hard sell. ASIC is watching

ASIC is applying its blowtorch to SMSF property spruikers, and advisers and accountants are also feeling the heat.

Key beneficiaries: SMSF trustees and superannuation accountholders. Category: Superannuation.

Better late than never. Property spruikers be warned – the consumer watchdog has had enough, and a bunch of businesses who thought they were operating outside of the reach of the law are about to get a rude wake-up call.

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