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Home Forums Australian Financial Services Licensing (AFSL) Forum Does cash flow advice (no product advice) require an AFSL?

This topic contains 0 replies, has 1 voice, and was last updated by  Peter Harris 3 weeks, 3 days ago.

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    Peter Harris

    Hi folks, I’m struggling to find an answer for this question. I’m looking at setting up an Aged Care financial advice business, I will not be providing any product advice, it is simply cash flow. My understanding from reading the ASIC RG’s; an AFSL is only required when giving product advice, and the RAD is not a financial product. It is simply cash flow. Can anyone please provide me some guidance? Thank you.

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