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What you read in 2023

Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year s top stories largely focused on this space. However, there was one particular executive move that simply couldn t be scrolled past. ....

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Ex-AMP planner calls for firm to 'do the right thing' in mediation

Justice Mark Moshinksy has ruled a timeline for mediation between AMP Financial Planning and Equity Financial Planners to begin, and a former planner has called for the firm to “do the right thing” by paying advisers and rebuilding its reputation. ....

Neil-macdonald , David-haseldine , Justice-mark-moshinsky , Justice-moshinsky , A-federal-court , Advisers-association , Equity-financial-planners , Federal-court , Corrs-chambers-westgarth-led ,

AMP challenges BOLR court ruling

AMP is appealing the Federal Court s Buyer of Last Resort (BOLR) ruling that determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. ....

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How much longer for impacted AMP class action members?

The Advisers Association has expressed disappointment at AMP’s decision to appeal the BOLR verdict while AMP’s Matt Lawler says he hopes mediation will reach “an outcome that allows us to put this behind us”. ....

Melbourne , Victoria , Australia , Alexis-george , Matt-lawler , Neil-macdonald , Justice-mark-moshinsky , Justice-moshinsky , Advisers-association , Federal-court , Last-resort , Equity-financial-planners

AMP hit with penalty following BOLR class action

The Federal Court has handed down a penalty to AMP to pay Equity Financial Planners and Wealthstone, two members of the class action. ....

Justice-mark-moshinsky , Alexis-george , Royal-commission , Financial-services-industry , Federal-court , Mark-moshinsky , Equity-financial-planners , Corrs-chambers-westgarth-led , Financial-services ,