ASIC cancels AFS licence of Beacon Wealth Pty Ltd

26-060MR

licence action2 Apr 2026

Respondent

Beacon Wealth Pty Ltd

Facts

ASIC has cancelled Australian financial services ( AFS ) licence number 239 946, held by Beacon Wealth Pty Ltd ( Beacon Wealth ) after being satisfied that the licensee ceased to carry on a financial services business and had not taken the steps necessary to recommence operations, after the licence was suspended in April 2025.

Outcome

ASIC licence/registration action — Beacon Wealth Pty Ltd (2026-04-02). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-060mr-asic-cancels-afs-licence-of-beacon-wealth-pty-ltd

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