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regulators target spruikers

Adviseable against property spruikers

Regulators target spruikers pushing investors into risky SMSF structures

We have written before about the fact that some parts of the property industry are not closely regulated – and unregulated property investment advice, from unqualified, sales focused ‘spruikers’ represents a significant risk for vulnerable investors looking to invest into Property via a Self-Managed Super Fund (SMSF) The growing popularity of using an SMSF to borrow and use to invest in Property is being watched carefully by ASIC and the ATO – but there are still many property spruikers who encourage unwary investors to set up an SMSF and buy into a particular property scheme – which may be a …

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