CLASS ACTION

Funds management

The litigation funding market is set to double in the next five years due to rising global demand for class actions. ...

Policy & Regulation

A Sydney law firm has announced a class action against IOOF based on losses to shareholders resulting from the Royal Commission and the action initiated by the Australian...

Policy & Regulation

Plaintiff law firm, Slater and Gordon has secured a $28.5 million settlement out of its six-year class action against Australian Executor Trustees as the trustee for Prov...

Superannuation

Slater and Gordon has launched class actions against the banks following allegations arising from the Royal Commission into Misconduct in the Banking, Superannuation and ...

Policy & Regulation

The Commonwealth Bank (CBA) has been served with another class action, this one filed in the Federal Court by Phi Finney McDonald on behalf of shareholders from 2014 to 2...

Financial planning

In an attempt to differentiate itself among the other four class actions already launched against AMP, Slater and Gordon has announced that it offers the best value to cl...

Financial planning

AMP has been hit with another class action less than a week after announcing that it intends to “vigorously defend” itself against mounting claims, this time by Shine Law...

Financial planning

As an embattled AMP faces multiple legal actions, the company has said that it “intends to vigorously defend the proceedings” filed against it....

Financial planning

Litigation firm Quinn Emanuel Urquhart & Sullivan is investigating bringing a class action against AMP on behalf of shareholders in the company, as the legal fallout of l...

Financial planning

The CBA has issued a statement saying it would defend the shareholder class action brought against it by Maurice Blackburn in relation to the anti-money laundering scand...

Financial planning

Plaintiff law firms are continuing their focus on financial services, turning to social media networks to attract the attention of clients....

Funds management

Slater and Gordon announce $25m plus costs settlement from Australian Capital Reserve class action against the Trust Company (Nominees) Limited....

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 3 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 4 weeks ago

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

3 weeks 4 days ago

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

1 week 6 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 5 days ago
moneymanagement logo