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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