Settlement proposed in Sandhurst Trustees class action
Law firm Slater & Gordon will file a proposed settlement of a class action against Sandhurst Trustees Limited in relation to the collapse of Fincorp Investments.
The proposed settlement will be filed in the Federal Court of Australia in Melbourne today.
Slater & Gordon commenced the class action on behalf of investors in 2009, representing lead plaintiffs Mark and Rhonda Harrison of Queensland.
Recommended for you
Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.
With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.
Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.
Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.
