We have now been issued with our own AFSL (Australian Financial Services Licence) by the Financial Services regulator, ASIC. So what does this mean for clients?
In short, there are no changes. All existing investments, super funds or insurance policies will remain exactly as they are.
BD Financial Planning is dedicated to assisting clients through strategic advice and helping to take away the financial complexity in their lives. This allows clients to spend more time doing what is important – to them! So while over 80% of advisers are licenced through a bank or life company owned dealer group, we prefer to be fully owned and are then able choose the best strategy or product that suits the client.
Having our own licence helps us achieve these goals for clients by providing even more choices, both now and into the future.