PFG Global Pty Ltd (ABN 50 679 416 839) trading as LFS Advice Solutions, is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 Australian Financial Services License 232706 and Australian Credit License 232706.
AMP Financial Planning (AMPFP) has a large network of practices across Australia, making it one of the main financial planning networks in the country. As is the case with LFS Advice Solutions, the financial advice businesses licensed by AMPFP are generally privately owned and locally operated. AMPFP provides these businesses with back-office support and processes to enable them to focus on what’s most important – improving the lives of their clients.
AMPFP is backed by AMP, one of Australia’s oldest and most trusted financial services companies. AMPFP advisers are not restricted to offering only AMP products. AMP strongly supports choice for people, thereby allowing AMPFP’s Financial Advisers to provide a unique, individually tailored service designed to best meet their clients’ needs.
The Role of a Licensee
A licensee is responsible for the financial services provided by their Authorised Representatives & Corporate Authorised Representatives. AMPFP must comply with the conditions of the Australian Financial Services license as well as the Corporations Act 2001. AMPFP has a general obligation to do all things necessary to ensure that Authorised Representatives provide financial services efficiently, honestly and fairly.
AMPFP is responsible for the Authorised Representatives. They monitor and supervise the activities of the representatives to ensure they are complying with the financial services laws. AMPFP also ensure that representatives are adequately trained and competent to provide financial services.
LFS Advice Solutions is proud to be associated with AMPFP.