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Latest update on Park Trent.
The ASIC notice referred to in the article has just been taken off Park Trent’s website, but it’s still available in the wayback machine here:
http://parktrent.com.au/about/asic-notice/
The gist of it is that Park Trent has never held a financial advisor’s license (AFSL) but has been shown to have provided advice, either directly or through others, to influence individuals to set up Self Managed Super Funds to invest in property. The notice says further that they are restrained from giving advice until they are licensed, and that they must publish this notice online for 90 days.
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