BUS030.doc
There is a fine line between what an employer can tell his/her employees about superannuation. This article points out what can and can’t be discussed to help make sure your business clients don’t get themselves into trouble by inadvertently giving advice on super.
It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and investment, it can be tempting to give an answer. However, just about anything helpful you have to say will likely fall within the definition of giving financial product advice, and that could land you in very hot water.
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