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Showing 1 - 5 of 5 results for "Equity Financial Planners"

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... AMPFP had 542 practices in its network. Fewer practices - about 135 - took part in the class action. Equity Financial Planners has now put forth a funding equalisation order to the court that "seeks to spread the cost of the funder's entitlements ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... following the Royal Commission. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample group member, Wealthstone, being $813,560 and $115,533 respectively, because of the changes, and ordered ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... handed down by Justice Mark Moshinsky on July 5. Based on solid evidence, Justice Moshinsky found that Equity Financial Planners and Wealthstone, which are licensed by AMP, are entitled to $813,560 and $115,533 respectively because of the damages and ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... decline in their business valuations from 4x to 2.5 recurring revenue. Due to this change, businesses like Equity Financial Planners and Wealthstone faced losses of $813,560 and $115,533, respectively. The announcement came after AMP unveiled its 1H23 ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... recurring revenue to just 2.5x. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample group member, Wealthstone, being $813,560 and $115,533 respectively, because of the changes. Moshinsky ordered ...
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