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.
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