AFSL

Australian Financial Services Licence

AFP

Australian Federal Police

APRA

Australian Prudential Regulation Authority

ASIC

Australian Securities and Investments Commission

ASX

Australian Securities Exchange

FOFA

Future of Financial Advice

Frozen fund

A registered managed investment scheme for which investors' rights to redeem their investments have been suspended, as the scheme has ceased to be liquid. A scheme ceases to be liquid if its readily accessible, that is liquid, assets account for less than 80 per cent of the value of the scheme's property (Corporations Act 2001, ss601KA(4)).

GFC

Global Financial Crisis

RE

Responsible Entity

SMSF

Self-managed superannuation fund