Today, we would like to provide you with insights into a critical aspect of our commitment to delivering top-notch financial advice – the registration process for our relevant providers within the Australian financial services landscape.

Understanding Your Financial Adviser: A ‘relevant provider’ is an individual directly involved in offering financial advice to you, our esteemed clients. This includes financial services licensees, authorised representatives, and employees or directors of financial services licensees authorised to provide personal advice on relevant financial products.

The terms ‘relevant provider’ and ‘financial adviser’ are often used interchangeably, underscoring the close relationship between these professionals and the services they offer you.

Why Registration Matters: Ensuring that our relevant providers are registered with the Australian Securities and Investments Commission (ASIC) is not just a regulatory requirement; it is a commitment to your financial well-being. This process is in place to guarantee that those offering you advice have the necessary qualifications, training, and authorisation.

Your Financial Adviser and Registration: As our client, you can rest assured that we take the responsibility of registering our relevant providers seriously. Whether they are financial services, licensees or authorised representatives, we go through a meticulous process with ASIC to ensure that they meet the highest standards in providing personal advice on relevant financial products.

The Duration of Registration: Your financial adviser’s registration remains in effect until certain events occur, such as the cessation of authorisation by our firm, the expiration of our license (unless registered by another licensee), or the implementation of regulatory orders affecting registration.

We want you to have confidence in the stability and professionalism of the individuals providing you with financial advice.

Key Information for Your Peace of Mind: When completing the registration application, we, as your financial services provider, furnish ASIC with vital details for each relevant provider, including:

  • Representative number.
  • Principal place of business.
  • Email address.
  • Landline or mobile number.

Moreover, we make declarations regarding the fitness and propriety of our relevant providers, our awareness of potential issues, adherence to education and training standards, and qualification as a tax-relevant provider if offering tax (financial) advice services.

Your Confidence, Our Priority: This commitment to registration is not just about compliance; it’s about ensuring you have confidence in the financial advice you receive from our team. We believe that by upholding these standards, we can continue to provide you with the exceptional service you deserve.

Checking Your Financial Adviser’s Registration: To further empower you in making informed decisions, we encourage you to utilise the “Financial Adviser Look-Up” tool available on the MoneySmart website. This tool allows you to verify the registration status of your financial adviser, providing an additional layer of transparency in your financial journey.

Should you have any questions or require further clarification on this process, please do not hesitate to contact us. Your financial well-being is at the forefront of everything we do.