Liquidation of van Eyk won’t halt sales
van Eyk's creditors have voted to liquidate the company, as papers are drawn up for two potential buyers.
While administrator and now liquidator, Trent Hancock, of Moore Stephens, confirmed in a statement that sales contracts would "be exchanged shortly", he could not detail the parties.
However, fellow ratings house Lonsec yesterday confirmed it was "extremely interested" in van Eyk's iRate technology solution.
Again, Lonsec could not detail whether its bid had been successful due to a non-disclosure agreement.
Hancock said the company's liquidation would not affect any sales in negotiation.
He said he would continue to look into the events that led to van Eyk's demise and would be assisting the Australian Securities and Investments Commission and the Financial Markets Authority in New Zealand with their respective investigations.
Recommended for you
The Australian Financial Complaints Authority has reported an 18 per cent increase in investment and advice complaints received in the financial year 2025, rebounding from the previous year’s 26 per cent dip.
As reports flow in of investors lining up to buy gold at Sydney’s ABC Bullion store this week, two financial advisers have cautioned against succumbing to the hype as gold prices hit shaky ground.
After three weeks of struggling gains, this week has marked a return to strong growth for adviser numbers, in addition to three new licensees commencing.
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.

