Scenario is as follows:
I am reorganizing a member of my family's superannuation/pension/investment funds. (Getting rid of all the externally managed funds )
Going forward, I will be giving investment advice to this family member and managing their investments for them.
I will be remunerated for my time/services.
I will be channeling any payments received through an ABN. All payments will be 'above board'.
Do I need any licenses or certifications to act as a family members financial adviser if I am receiving payment for my services?
I have a B.Comm which i'm sure is useless in this situation.