ASIC Moves on Unlicensed Advisers

Unregistered advisers result in infringement notices for 2 AFSLs

ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered.

ASIC Moves on Unlicensed Advisers

Two AFS licensees whose financial advisers provided personal advice while unregistered have been given infringement notices by ASIC. Skye Money Pty Ltd and Smart Financial Capital Pty Ltd each paid a penalty of $31,300 on 1 July 2025 and 11 July 2025, respectively. ASIC states payment is not an admission of guilt or liability. The […]