Media Releases

18 Apr

Media Release: Thursday 18 April 2013

Key points

  • PIPA welcomes ASIC investigation into SMSF advice, applauds heightened focus on property spruikers
  • PIPA still concerned about provision of advice with regards to property investment within SMSFs

The Property Investment Professionals of Australia (PIPA) has welcomed the release today of the Australian Securities and Investment Commission's (ASIC) first SMSF Taskforce findings.

14 Mar

Media Release: Thursday 14 March 2013

Key points

  • Confusion reigns over financial services professionals' roles in SMSF processes
  • Professionals uncertain over who can recommend a property for a SMSF
  • QPIA's best positioned to provide property investment advice

The Property Investment Professionals of Australia (PIPA) has voiced its growing concern around the lack of regulation surrounding property investment in Australia.

21 Feb

Media Release: Thursday 21 February 2013

Australian home buyers and investors are being urged to realise the value of good advice as concerns mount for Australians who are investing in property without any assistance from a qualified professional.

According to Property Investment Professionals of Australia (PIPA) chair Ben Kingsley, stories of investors getting their fingers burned by bad investment decisions are commonplace.

21 Jan

Media Release: Monday 21 January 2013

Key points

  • Collective industry response required to raise the standards of property investment advice
  • 80,000 strong industry but less than one percent formally qualified

The Property Investment Professionals of Australia (PIPA) has announced an ambitious strategy to raise the professional standard of property investment advice.

14 Nov

Media Release: Wednesday 14 November 2012

The Property Investment Professionals of Australia (PIPA) is calling on ASIC and the Federal Government to take action and regulate property investment advice following a raft of news reports highlighting questionable property spruiking practices.

Reports that investors are losing millions of dollars after being cheated by property marketeers selling dubious properties under the guise of 'independent financial advice' have dominated headlines in recent weeks.