Victoria

Funds management

Victorian AFSL sees licence cancelled and MD banned

ASIC has cancelled the AFS licence of a Victorian fund manager and banned its managing director for four years after discovering “significant and systemic failures of ove...

Financial planning

Victorian AFSL sentenced over non-compliance

Medical grounds are no excuse for compliance failures as a Victorian AFSL is sentenced for failing to lodge annual financial reports....

Financial planning

Victorian advice firm rebrands with new operating model

Dirigere Advisory, a Victorian boutique financial advice licensee, has relaunched with a new operating model that aims to better meet the needs of its advisers, including...

Financial planning

What is the top region for advisers?

A suburb in Victoria has been crowned as the top suburb by opportunity for financial advisers, according to data from Adviser Ratings....

Financial planning

AFA welcomes ASIC no-action on Victoria’s advisers

The Association of Financial Advisers has welcomed ASIC’s no-action position for fee disclosure statement and opt-in obligations for Victoria’s located advice businesses....

Financial planning

Melbourne advisers need regulatory flexibility around opt-in, now

Faced with at least six weeks of Level 4 lockdown, financial advisers in Melbourne need regulatory relief around opt-in and other key client interactions....

Funds management

New Vic laws to increase costs for unlisted property funds

Victoria’s new stamp duty laws will drive up costs for unlisted wholesale and retail property funds sector, according to the Property Funds Association....