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Financial fraudster dodges conviction following ASIC investigation
Financial Services 2021-08-09 2:54 pm By Bianca Hrovat

The former director of Sydney financial planning practice Hillross Bella Vista has been conditionally released without a conviction recorded after pleading guilty to falsifying documents […]

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Banks fork over $1.86B to repay customers for bad behaviour
Financial Services 2021-08-05 10:05 pm By Sam Matthews

Six of Australia’s biggest financial services firms have paid or offered to pay a total of $1.86 billion to customers who were wrongly charged fees […]

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ASIC takes AMP to court for charging super members fees for no service
Financial Services 2021-07-30 12:42 pm By Bianca Hrovat

The Australian Securities and Investments Commission has hit financial services provider AMP with court action over fees-for-no-service conduct that allegedly led to upwards of $600,000 […]

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ASIC drops criminal probe into AMP over fees for no service conduct
Financial Services 2021-07-16 2:24 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its criminal investigation of AMP over its fees-for-no-service conduct which was aired during the banking royal commission. […]

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AMP launches bid to declass excessive insurance class action
Class Actions 2021-06-18 12:03 pm By Miklos Bolza

AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine […]

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AMP faces unconscionable conduct action for charging dead customers
Financial Services 2021-05-27 8:59 am By Christine Caulfield

The corporate regulator is taking five AMP entities to court alleging they acted unconscionably by continuing to charge life insurance premiums and advice fees to […]

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Boral class action decision forces litigation funders to retool
Analysis 2021-04-29 3:11 pm By Miklos Bolza

As the no win, no fee model comes out on top in another high profile class action beauty contest, legal experts say third-party litigation funders […]

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Law firms await beauty tips as High Court set to rule on competing class actions
High Court 2021-03-03 10:43 pm By Christine Caulfield

The High Court has set a date for handing down its keenly anticipated judgment in a case that challenged the winner of a beauty contest […]

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High Court soon to decide issue of competing class actions
Expert Insights 2021-02-04 8:48 pm By Editor

In Wigmans v AMP the High Court will shortly deliver judgment on the vexed issue of class actions that compete to represent substantially the same […]

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AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
Financial Services 2020-12-22 4:12 pm By Spencer Fowler Steen

A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is […]

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