Accountants mis-selling do it yourself super

Some financial advisers are “mis-selling” prejudiced advice over the merits of do it yourself superannuation funds. The Association of Superannuation Funds of Australia says some advisers are putting their own interest ahead of their clients’ interests. These advisers, many of them suburban and rural town accountants, stand to make a nice living from investment advice, and the preparation and auditing of annual accounts for the fund.