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Showing 41 - 50 of 94 results for "Westpoint"

PI insurers face $300m in claims

RUTH LIEW  |  THURSDAY, 30 JUL 2009
... worth of claims in the next two to three years - stemming primarily from advisers linked with collapsed firms such as Westpoint, Storm Financial and Opes Prime. "We've got about five underwriters who are willing to insure this market," she said. "Those ...

IMF Australia targets Great Southern

MICHAEL HOBBS  |  THURSDAY, 18 JUN 2009
... country. The firm has previously represented shareholders of the mining firm Sons of Gwalia and funded litigation against Westpoint on behalf of its investors.

CHOICE wants commissions banned

MICHELLE BALTAZAR  |  MONDAY, 15 JUN 2009
... three months ago to review financial products and services following the collapse of Storm Financial, Opes Prime and Westpoint. The consumer body is also calling on the public to write to them about their experiences with their financial planner or sign ...

Court convicts unlicensed Westpoint planner

PRESS RELEASE  |  MONDAY, 20 APR 2009
... sentenced, Keith Rowntree, to 80 hours community service for providing financial advice, which led to clients investing in Westpoint products, without a licence. The Australian Securities and Investments Commission (ASIC) alleged Rowntree operating a ...

Charged for no AFSL

ASIC RELEASE  |  TUESDAY, 14 APR 2009
ASIC has commenced proceedings against four former Queensland directors who dealt in financial products, including Westpoint promissory notes, without an Australian financial services licence (AFSL). Barry William Silver, of Arundel, Robert Peers Button ...

Rising above the average: Fiducian

MICHELLE BALTAZAR  |  FRIDAY, 27 FEB 2009
Financial services and advisory group Fiducian trailed behind some of its peers during the years of easy money but when the crunch came, it's the group's very same prudent strategy that saved the day. The numbers show a part of the story. The group ...

Masu settles Westpoint case

MICHAEL HOBBS  |  FRIDAY, 28 NOV 2008
... has settled a class action brought by the Australian Securities and Investment Commission (ASIC) for 85 investors sold Westpoint Group financial products. The Federal Court of Australia settled the two remaining complaints on confidential terms yesterday. ...

KPMG under fire on Westpoint audit

MICHELLE BALTAZAR  |  TUESDAY, 14 OCT 2008
Financial watchdog ASIC is suing accountancy firm KPMG over its auditing of companies in the Westpoint Group, a move that renews investor hopes to recover as much as $200 million lost when Westpoint collapsed. The action, taken on behalf of eight Westpoint ...

ASIC bans former Money Matters adviser

ASIC STATEMENT  |  MONDAY, 1 SEP 2008
Victoria-based Ian Bristow, one of the financial advisers who recommended Westpoint products to clients, has been banned from providing financial services for six years following a long drawn out ASIC investigation. ASIC alleged that Bristow "dishonestly" ...

ASIC bans unlicensed Westpoint adviser

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
... Sheppard from providing financial services for eight years after the regulator found he provided unlicensed advice on Westpoint products. The regulator found Sheppard did not appropriately advise clients that Westpoint products were high risk and were ...