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AMP, BT and CBA to face class actionBY ELIZABETH MCARTHUR | FRIDAY, 31 JUL 2020 11:43AM
A new class action from Shine Lawyers alleges that more than half a million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank.Read more: AMPFP, CBA, Commonwealth Bank, Shine Lawyers, Hillross Financial Services, BT Super for Life Westpac Group, BT SuperWrap Essentials, AMP Financial Planning, AMP Life Limited, ASX, BT Panorama Super, BT Superannuation Invest Fund, BW Financial Advice, Charter Financial Planning, CommInsure, Commonwealth Financial Planning, Count Financial, Craig Allsopp, Federal Court, Financial Wisdom
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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