Company Information

Get to know Future Assist Group

Future Assist Group Pty Ltd was a financial services company based in Queensland, Australia, that offered financial planning, superannuation advice, mortgage broking, and accounting services. Founded with the mission to help Australians take control of their financial future, the company targeted clients by offering a 'free' initial consultation to review their superannuation funds. However, investigations by the Australian Securities and Investments Commission (ASIC) found that the company provided inappropriate advice, failed to act in clients' best interests, and engaged in misleading conduct, leading to the cancellation of its AFS licence in 2019, significant court-ordered penalties, and the banning of its directors.

Industry

Financial Financial AdvisementPRIMARY
Financial Other Service
Financial Wealth Management

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Future Assist Group

Australia

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.