Company Information

Get to know foresters friendly society victoria

Originally established in Victoria in 1853 as a friendly society, Foresters Financial has a long history of providing financial products and support to its members. As a member-owned (mutual) organisation, its focus has been on returning value to members rather than shareholders. In a significant recent development, on 1 December 2023, the life insurance business of Foresters Financial was transferred to NobleOak Life Limited. Following this transfer, Foresters Financial ceased to be a friendly society regulated by the Australian Prudential Regulation Authority (APRA) and now operates as a distributor of investment and funeral bond products issued by NobleOak.

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Financial Other Service

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foresters friendly society victoria

Australia

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1849 (177 Years)

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.