Astute Wealth Advice and Lumiant reach agreement over copyright concerns

Lumiant/AstuteWheel/Hans-Egger/

22 July 2021
| By Chris Dastoor |
image
image image
expand image

Advice platforms Astute Wealth Advice and Lumiant have reached an agreement over copyright concerns regarding Lumiant’s Confidence Questionnaire.

Astute Wealth Advice sent a cease and desist after it alleged it copied AstuteWheel’s 5-Minute Financial Health Check.

Hans Egger, AstuteWheel managing director, said: “In response to the concerns raised in our letter, I am pleased that Lumiant has complied and has removed all offending material from its platform and has agreed to disable all third-party access to the Questionnaire, delete all electronic records of it, inform all clients of the breach and desist from reproducing AstuteWheel’s 5-Minute Financial Health Check. Lumiant has fully co-operated with us, and we now consider the matter closed”.

Lumiant had no further comment on the matter.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 3 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo