BUYERS OF LAST RESORT

Features

A financial adviser class action against AMP Limited may not be in the best interests of all advisers, writes lawyer, Dan Mackay....

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Financial planning

A lawyer has questioned the value of AMP advisers signing up to a class action against AMP Limited when their individual circumstances can be significantly different....

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Features

Following the announcement by AMP of unilateral changes to the buyer of last resort policy, some AMP advisers are now facing financial devastation, Dan Mackay writes....

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Financial planning

AMP has been described by a lawyer as having been brutal in its approach to advisers and Buyer of Last Resort but he argues that the company is on far from firm ground wh...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 11 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 15 hours ago