Most Recent
Westpac wants court to raise the bar for ‘personal advice’ finding
Allens 2019-03-04 10:59 pm By Cat Fredenburgh Melbourne
Westpac has followed ASIC's lead, launching a separate appeal to a ruling that it provided financial advice but not personal advice as part of a campaign encouraging customers to roll over external superannuation accounts.
Funder asks High Court to take another look at $64M Banksia settlement
Appeals 2019-02-27 11:15 pm By Cat Fredenburgh Melbourne
A litigation funder wants the High Court to review a court decision's to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder's commission and legal fees.
ASIC mulls appeal of Westpac ‘personal advice’ ruling
Allens 2019-01-04 10:31 pm By Cat Fredenburgh
The Australian Securities and Investments Commission has not ruled out a challenge to a ruling that two Westpac subsidiaries didn't provide personal financial advice as part of a campaign encouraging customers to roll over external superannuation accounts.