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Commonwealth Bank hit with class action over insurance ‘rort’
Insurance 2020-08-21 10:41 pm By Cat Fredenburgh

The Commonwealth Bank of Australia has been hit with another class action for allegedly pushing insurance policies with excessive premiums onto customers. Shine Lawyers filed […]

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ASIC drops investigation of former AMP chair Catherine Brenner
Financial Services 2020-08-10 9:58 pm By Christine Caulfield

The corporate regulator will not take former AMP chair Catherine Brenner to court after investigating her conduct as part of probes that are expected to […]

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ASIC sets sights on AMP, with more than 5 new cases expected this year
Financial Services 2020-08-05 6:09 pm By Alison Eveleigh

The Australian Securities and Investments Commission has told a parliamentary committee that it plans to bring more than five court proceedings against AMP before the […]

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Commonwealth Bank, Westpac’s BT face potential class actions over insurance ‘rort’
Class Actions 2020-07-31 4:16 pm By Christine Caulfield

Shine Lawyers is investigating two new class actions against Commonwealth Bank of Australia and Westpac’s BT Funds Management over allegedly excessive insurance premiums, a week […]

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AMP hit with class action by financial planners
Financial Services 2020-07-29 12:54 pm By Christine Caulfield

AMP has been hit with a cliass action by a group of financial planners over changes to its buyer of last resort policy last year, […]

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AMP boss blames class actions for increasing cost of financial advice
Class Actions 2020-06-30 11:17 pm By Christine Caulfield

AMP’s chief executive Francesco De Ferrari has gone on the offensive against class actions in Australia, saying litigation funders were driving up the cost of […]

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‘An immediate conflict of interest’: Appeals court tosses opt out notices in AMP class action
Appeals 2020-06-04 3:57 pm By Miklos Bolza

An appeals court has vacated orders sending opt out and registration notices to shareholders in a class action against AMP after a successful challenge by […]

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‘Threat of a heavy sanction’: Shareholder slams opt-out notice in AMP class action
Appeals 2020-05-25 8:15 pm By Miklos Bolza

A proposed notice to eligible group members in Maurice Blackburn’s class action against AMP over its fees for no services scandal threatened to bar unregistered […]

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Shareholder appeals judge’s refusal to freeze AMP class action
Class Actions 2020-05-11 6:29 pm By Miklos Bolza

A NSW Supreme Court decision refusing to put a Maurice Blackburn-led shareholder class action against AMP on ice pending a High Court challenge has been […]

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AMP accused of poaching 11 employees from wealth management software company
Employment 2020-05-11 4:16 pm By Miklos Bolza

A software company is suing a subsidiary of AMP for breach of contract after the financial services firm allegedly induced 11 employees to jump ship […]

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