great southern planners face lawsuit, page-6

Blackrivered,

Indeed most financial advisors have nothing to do with GTP and TIM, and they all want to distance themselves from GTP and TIM now.

As to whether ASIC licensed the GTP advisers as suggested in the second article you referred to, I Googled and found only one place which might be related, that is

http://www.asic.gov.au/etraining/etrain.nsf/0
/D5F86E475A74702B4A256D0A00009530?OpenDocument&CoursePrint=1

This webpage advertised a GTP "Managed Investments Course", but it had a disclaimer at the bottom in fine prints:

"This service is provided solely for general information purposes. By provision of the service ASIC does not provide legal or other professional advice. ASIC expressly disclaims any liability arising from use of the service. If you require legal or other expert advice or assistance, you should seek the services of a competent professional person."

So I don't think ASIC had anything to with licensing GTP advisers or whatsoever.