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FEDERAL COURT
Financial planning
Slater & Gordon has filed a representative proceeding against the GPT Group in the Federal Court of Australia, alleging that the company engaged in misleading and decepti...
Financial planning
A group of Westpoint investors is likely to receive $1.39 million in compensation from Queensland-based Strategic Joint Partners, as ASIC reaches another settlement regar...
Financial planning
The Storm Financial compensation case brought by the Australian Securities and Investments Commission (ASIC) on behalf of two investors is set to continue, after the Fede...
Financial planning
The Australian Securities and Investments Commission (ASIC) has obtained interim orders in the Federal Court in Adelaide against Australian AFT Finance Market....
Policy & Regulation
When the "best interests" duties contained in the Future of Financial Advice (FOFA) reforms become law, the lack of a legal precedent will see the Financial Ombudsman Ser...
Financial planning
The Australian Securities and Investments Commission (ASIC) has obtained urgent Federal Court orders to preserve funds held by a Queensland company operating as a mutual ...
Editorial
A charity that lost $1.5 million in a hedge fund manager that collapsed during the GFC is suing the advice firm that recommended the fund....
Financial planning
ASIC has been successful in having the Federal Court overturn an appeal from Opus Capital at the Administrative Appeals Tribunal against the cancellation of its AFSL....
Financial planning
The Federal Court has found in favour of Australian Unity after David Tweed's Direct Share Purchasing Corporation (DSPC) took an action seeking to force it to register a ...
Financial planning
Clients who run businesses should be extremely careful in classifying those they engage as contractors, as the wrong decision can result in many unfavourable outcomes, wr...
Financial planning
The corporate regulator has obtained orders to wind up York Capital Limited - a company previously linked to former Fincorp director Graeme Byers....
Financial planning
A group of investors in the distressed Premium Income Fund (PIF) have commenced urgent legal action against Brisbane-based fund manager Wellington Capital and its directo...
Financial planning
A $29 million class action on behalf of Fincorp investors will go ahead after being granted approval by the Federal Court of Australia on Friday....
Financial planning
Tower shareholders have voted overwhelmingly in favour of a takeover by Japanese insurer Dai-Ichi Life....
Financial planning
A new guide has been released by the Australian Taxation Office to help tax advisers avoid falling into the trap of inadvertently marketing tax avoidance schemes....
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...