Affinia rolls out self-licensing service

The new support service, called ‘Affinia Access’, will provide self-licensed advisers with white-labelled AFSL infrastructure, compliance and advice resources – along with marketing and business development support.

Self-licensed advisers will also have access to Affinia’s professional development courses.

Affinia head Marcus O'Sullivan said the new service aims to “empower AFSLs to operate independently and with confidence”.

“Being a financial planner and operating a licensee are very different roles requiring different skills and expertise. For this reason, it is important for AFSLs to partner with dealer-to-dealer services to assist them in navigating the regulatory environment,” Mr O’Sullivan said.

“Simply outsourcing compliance audits does not always mean the licensee is meeting their obligations. That’s why we partner with AFSLs to help them manage their licensee and responsible manager obligations.

“By consulting with the AFSL, Affinia Access can tailor the services and unique infrastructure requirements by selecting the relevant services from our broad suite.”