How lockdown could impact compliance for Victorian advisers
Concern is growing among Victorian advisers that the six-week stage four lockdown of the metro Melbourne area could pose significant hurdles to some practitioners meeting compliance requirements around dispute resolution, client fee agreements and licensee annual returns.
AIOFP executive director Peter Johnston has written to both the Victorian Premier’s office and ASIC last week on behalf of members, following concerns that the lockdown would affect advisers’ ability to conform to several of their AFSL obligations.
Read more at the ifa.
