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CLASS ACTION
Financial planning
The first week of the Insignia Financial class action case has seen allegations of misconduct, insider trading, front running and failure to manage conflicts of interest....
Financial planning
A trial investigating alleged misconduct by the wealth management company is slated to begin on Monday (5 June) and expected to run for up to five weeks. ...
Financial planning
Almost 20 students have filed a class action against James Cook University after discovering their financial planning degrees had not received accreditation, leaving them...
People & Products
A class action is being prepared against IG Markets on behalf of thousands of investors who lost an estimated $800 million trading contracts for difference. ...
Financial planning
The claims against the bank had been dismissed but there is still a possibility the dismissal could be reversed....
Financial planning
The class action was in relation to the US bank bill swap rate and the trading of products based on the rate. ...
Policy & Regulation
Barely weeks after the new litigation funding licensing regime became law, one of the biggest funders has obtained its Australian Financial Services License. ...
Financial planning
Caving to the demands of the US Chamber of Commerce to restrict Australian class action funding may deprive regular Australians of access to justice, according to Class A...
Policy & Regulation
New regulations, which bizarrely define class actions as ‘managed investment schemes,’ could stymie the compensation payouts of millions of Australians who have been robb...
Policy & Regulation
Westpac has been served with a class action by Johnson Winter and Slattery related to market disclosure issues connected to AUSTRAC proceedings....
Financial planning
The class action by shareholders relates to market disclosure issues that are subject of the AUSTRAC money-laundering scandal....
Financial planning
Slater and Gordon has become the second to file a class action against CFS for charging FirstChoice Super members higher fees for ongoing commissions to members who did n...
Superannuation
Conflicted fees are once again a hot legal topic, with Suncorp being hit with a class action in the New South Wales Supreme Court over superannuation commissions paid to ...
Funds management
The litigation funding market is set to double in the next five years due to rising global demand for class actions. ...
Policy & Regulation
A Sydney law firm has announced a class action against IOOF based on losses to shareholders resulting from the Royal Commission and the action initiated by the Australian...
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MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...