Westpac hit with $9.15M penalty over bad advice

Financial Services 2019-12-19 3:41 pm | Melbourne
A Federal Court judge has ordered Westpac to pay a $9.15 million penalty after one of its financial advisers breached the best interests duty by giving customers bad advice that resulted in millions in losses.
For information on rights and reprints, contact subscriptions@lawyerly.com.au