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Former AMP adviser makes call to arms over BOLR settlement

A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the 'unfair and unreasonable" $100 million settlement sum as the objection deadline approaches on 22 May. ....

Australia , Justice-mark-moshinsky , David-haseldine , Group-member , Financial-planning-pty-limited , Federal-court , Last-resort , Mark-moshinsky , Planning-pty-limited , Updated-investor , Settlement-deed , Class-members

Ex-AMP adviser calls for objections to BOLR class action settlement

Daily online news, analysis, feature articles, reports and business strategy geared to helping Australia s financial planners and advisers drive business growth ....

Australia , David-haseldine , Justice-mark-moshinsky , Group-member , Financial-planning-pty-limited , Federal-court , Last-resort , Mark-moshinsky , Planning-pty-limited , Updated-investor , Settlement-deed , Class-members

Will AMP's $100m settlement end advisers' BOLR fight?

The decision by AMP to pay $100 million in settlement to members of the Buyer of Last Resort class action has been welcomed as providing closure, but one adviser told Money Management he expects members will fight on individually. ....

Melbourne , Victoria , Australia , Alexis-george , Justice-mark-moshinsky , David-haseldine , Justice-moshinsky , Neil-macdonald , Financial-planning-pty-limited , Advisers-association , Last-resort , Federal-court

AMP : Settlement of Buyer of Last Resort class action proceedings -November 22, 2023 at 05:15 pm EST

AMP today announces that an agreement has been reached to settle the class action brought on behalf of certain advice practices authorised by AMP Financial Planning Pty Limited as of. ....

Australia , Australian , Australians , Alexis-george , Market-disclosure-committee , Financial-planning-pty-limited , Planning-pty-limited , Last-resort , Federal-court , Market-disclosure , Markets ,

Verdict reached in AMP class action

A verdict has been delivered in the class action filed against AMP Financial Planning. The Federal Court of Australia has ruled in favour of advice practices in the class action filed against AMP’s ....

Australia , Maja-garaca-djurdjevic , Justice-mark-moshinsky , Naomi-neilson , Financial-planning-pty-limited , Federal-court , Last-resort , Mark-moshinsky , Planning-pty-limited , Equity-financial-planners , Garaca-djurdjevic , Verdict