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Seven year-long investor class action over AFSL ‘racket’ headed to High Court
High Court 2023-10-10 1:02 pm By Cindy Cameronne

A class action against a director of defunct financial services firm Hodgson Faraday is headed to the High Court after seven years of litigation, with […]

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Ex-CEO of stockbroker BBY charged with aiding fraud
Financial Services 2023-10-10 9:44 pm By Cat Fredenburgh

The former CEO of collapsed Sydney stockbroking firm BBY Limited has been charged with two counts of aiding, abetting, counselling or procuring fraud. Arunesh Maharaj […]

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Trial kicks off in adviser fee class action against NAB
Trials 2023-10-09 10:45 pm By Cindy Cameronne

NAB unit NULIS Nominees was “hopelessly conflicted” in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the […]

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Westpac hit with another superannuation class action
Class Actions 2023-10-09 11:56 pm By Cat Fredenburgh

Westpac has been hit with a class action for allegedly overcharging superannuation customers for insurance coverage, months after paying $30 million to settle a separate […]

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Group members to get $84M from AMP class action settlement
Class Actions 2023-10-06 11:29 pm By Cat Fredenburgh

Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving […]

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Judge ‘had enough’ with delays in four-year-old AMP class action
Class Actions 2023-10-05 1:14 pm By Sam Matthews

The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with […]

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AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another […]

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ASIC takes aim at payday lenders after court found they can’t dodge Credit Act
Financial Services 2023-10-03 11:37 pm By Cat Fredenburgh

The corporate regulator has again initiated proceedings against Gold Coast-based BHF Solutions and Cigno for allegedly providing credit without a licence after the lenders failed […]

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Tax leaks report skewers PwC’s ‘whatever it takes’ culture
Tax 2023-09-27 10:12 pm By Sam Matthews

An independent investigation commenced in the wake of PwC’s tax leaks scandal has taken the firm to task for its “whatever it takes” growth strategy […]

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AMP appeals financial advisers’ win in BOLR class action
Appeals 2023-09-27 11:06 pm By Christine Caulfield

AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the […]

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