Their license authorized them to advise on various financial products including basic deposit products, government bonds, life products, interests in managed investment schemes, securities, and superannuation. The company was permitted to provide these services to both retail and wholesale clients.

The Australian Securities and Investments Commission (ASIC) cancelled the Australian Financial Services (AFS) license of Sydney-based financial services provider Indie Advice Pty Ltd. This action took effect on January 19, 2024. ASIC made this decision upon realizing that Indie Advice had ceased providing financial services for an extended period. Under the Corporations Act, ASIC has the power to suspend or cancel an AFS license if the licensee is no longer active in offering financial services.

Indie Advice had held the AFS license number 511786 since October 23, 2018. The company was authorized to provide financial product advice to both retail and wholesale clients. Although the license has been cancelled, it will continue to be in effect until June 30, 2024, for the purpose of maintaining internal and external dispute resolution schemes.

Indie Advice was founded in 2018

Indie Advice Pty Ltd is a financial services provider based in New South Wales, Australia. Established as an Australian Private Company, its Australian Business Number (ABN) was registered on July 16, 2018, and it is registered for Goods and Services Tax (GST). The company is located in the postcode area of Dulwich Hill, NSW. The company’s Australian Company Number (ACN) is 627 543 579, and its ABN is 63 627 543 579, both registered from July 16, 2018.

Indie Advice Pty Ltd was licensed to carry on a financial services business, which included providing financial product advice and dealing in financial products on behalf of others.

Their license authorized them to advise on various financial products including basic deposit products, government bonds, life products, interests in managed investment schemes, securities, and superannuation. The company was permitted to provide these services to both retail and wholesale clients.