Westpac asks High Court to hear personal advice case

Allens 2019-12-11 11:08 pm By Cat Fredenburgh | Melbourne

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Westpac has filed a special leave application with the High Court seeking further clarity on the line between personal and general advice under financial services laws, after an appeals court handed ASIC a significant win in finding the bank violated its duty to act in its customers’ best interests during a superannuation rollover campaign.

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