ASIC Fund, Insurance And Superannuation License AFSL #124 For Sale
1. This licence authorises the licensee to carry on a financial services business to:
(a) provide general financial product advice to retail and wholesale clients for the following classes of financial products:
(i) deposit and payment products limited to:
(A) basic deposit products;
(ii) life products including:
(A) investment life insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds; and
(B) life risk insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds;
(iii) interests in managed investment schemes including:
(A) investor directed portfolio services; and
(iv) superannuation; and
(b) deal in a financial product by:
(i) arranging for another person to apply for, acquire, vary or dispose of financial products to retail and wholesale clients in respect of the following classes of financial products:
(A) deposit and payment products limited to:
(1) basic deposit products;
(B) life products including:
(1) investment life insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds; and
(2) life risk insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds;
(C) interests in managed investment schemes including:
(1) investor directed portfolio services; and
(D) superannuation;
(ii) applying for, acquiring, varying or disposing on behalf of another person to retail and wholesale clients in respect of:
(A) deposit and payment products limited to:
(1) basic deposit products;
(iii) arranging for another person to issue or apply for, acquire, vary or dispose of financial products to wholesale clients only in respect of the following classes of financial products:
(A) life products including:
(1) investment life insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds; and
(2) life risk insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds;
(B) interests in managed investment schemes including:
(1) investor directed portfolio services; and
(C) superannuation.
- Three responsible managers
- Willing stay in post transition period
- Continue appointment subject to negotiation
For more information, please contact info@acpadvisory.com
