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NTAA signs up to advice research service

The National Tax and Accountants Association (NTAA) has facilitated access to a financial product research service for members moving to a full advice provision model.

News Aleks Vickovich 22 July 2014
— 1 minute read

Having penned a memorandum of understanding with the Association of Independently Owned Financial Professionals – an association of mid-tier financial planning groups – in March, the NTAA has signed up to the AIOFP-member owned Filtered Research Committee for authorised representatives of its SMSF Advisers Network business.


The deal will see SMSF Advisers Network authorised representatives gain access to the services of research houses Mercer and Lincoln Indicators, as many move to a comprehensive financial advice service proposition model following the end to the accountants’ limited licence.

“We are delighted to further cement our alliance with AIOFP by appointing the Filtered Research Committee to supply our approved list,” said NTAA chief executive Geoff Boxer.

“We believe that one of the most important aspects of the advice process is independence, and the approach of the AIOFP in this area fits well with what both the NTAA and our members expect.”

In addition, NTAA Advice member advocate Phil Osborne will join the FRC board and the SMSF Advisers Network licensee will join the AIOFP as a full member.

“While not all accountants are moving into the full advisory space, the benefit of having the FRC as our research source gives confidence to those who will be offering financial product advice for the first time,” Mr Osborne said.

“Given the product failures of the past, this has been an area of great concern to members and we feel we are providing them with the best solution possible.”

NTAA signs up to advice research service
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