Changes within Avenue Capital Management Limited (Avenue)
As a result of changes to the Avenue Capital Management Limited business we will no longer be providing services effective June 30th 2012.
This change took place as a result of Avenue Capital Management's 29 financial advisers across 15 practices becoming authorised representatives of IOOF's Lonsdale Financial Group. As part of that arrangement Avenue no longer holds an Australian Financial Services Licence.
For those of you using the AvWrap Investment Service and AvWrap Retirement Service (previously known as The Avenue Investment Service and The Avenue Retirement Service), there has been a change in the trustee for the Retirement Service to IOOF. However, Macquarie continues to administer and operate both services. Importantly these changes have no impact on your investments.
If you have any questions or would like to discuss these changes further, you can contact your planner via the link provided.
Alternatively, should you wish to contact Avenue Capital Management, please call 02 8078 6989 or email headoffice@acmltd.com.au