Perpetual Private today announced a new partnership program that will offer accountants assistance in determining the right licence path and opportunities to connect with trusted organisations as preparation for the removal of the accountants’ exemption.
Through alliances with key service providers, including legal firm The Fold, the suite of support services will also provide licence application support, guidance with policies and procedures, and training on Australian financial services regulatory requirements.
“SMSFs have become a significant driver of diversified revenue for accounting practices and a great opportunity exists for accountants, who have a well-earned reputation as trusted advisers, to broaden and strengthen their service offering with the right support,” Perpetual state manager Dermot Lindsay said.
“The new program will facilitate partnerships for accountants to help them thrive in a changing environment.
“We are pleased to join forces with The Fold to support accountants who want to maintain their independence and continue to grow despite legislative changes.”
The alliance model was originally created for its business consultancy group and accounting provider, Fordham, and had been extended to the broader market following its success.
Perpetual will reveal further information at a series of national workshops for independent accountants this month.
“Determining the right licence path for your practice is an important decision,” Lindsay said.
“Through these events we hope to work with accountants to help them understand their options, the licensing process and what they can do to grow a successful advisory practice.”
The Fold senior lawyer Jaime Lumsden Kelly said the firm was committed to supporting independent accountants to not only manage the upcoming licence changes with minimal disruption, but to also thrive in a post-exemption environment through the right tools and support.
