Court approves $16m DASS settlementBY KARREN VERGARA | FRIDAY, 19 APR 2024 12:35PMThe Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay. Related News |
Editor's Choice
Aware Super hires head of corporate development
|The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry.
Link Group rebrands as acquisition completes
|Link Group announced its new name ahead of delisting from the ASX at today's market close.
Crescent Capital sells down ClearView stake
|ClearView has been alerted that Crescent Capital wishes to sell a major share in the company.
Social media influencers charged for promoting shady investments
|Reality TV stars from shows like Love Island, Geordie Shore, and The Only Way Is Essex are due to face Court for pushing unauthorised investment schemes on their followers.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Allowing beneficiary members of the Class Action to have a second bite at the compensation trough is wrong. To get to the CSLR the matter has to be an unpaid determination from AFCA.
The EDR schemes were set-up to provide a non-court based avenue for compensation and have been hi-jacked by the ambulance chasers. AFCA's own Terms of Reference effectively ban those who have negaged in legal action from accessing the scheme, but in their usual "the Rules don't apply to us if we feel like it" approach clients of DASS will have a second go at compensation funded by industry particpants that had nothing to do with the fund failures and through a scheme that is using retrospective legislation to include them.
Just another anti-adviser attitude.