Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 210 results for "IG Markets"

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... to trade CFDs. In October 2023, a class action was filed against BT Funds Management as trustee of BT Super, while IG Markets was the target of two class actions filed in May 2023. Overall, the number of class actions filed in 2023 were the second highest ...

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... unsuitable financial products. The action is being funded by Woodsford, which is also backing a similar class action against IG Markets. "ASIC has looked at these financial products and has recognised the harm they can cause retail investors," Woodsford ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... Alderman has already filed one class action in relation to CFDs. Backed by Omni Bridgeway, the first action targeted IG Markets and also represented traders who lost hundreds of millions. While CFDs are legal in Australia, they have been banned in many ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... changes to its target market determinations in relation to CFDs. Meanwhile, as previously reported by Financial Standard, IG Markets faces a class action launched by Piper Alderman and Omni Bridgeway. The lawsuit represents investors who allegedly lost ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
Piper Alderman and Omni Bridgeway have filed their class action against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against ...

Proposed CFD class action targets IG Markets

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
Piper Alderman and Omni Bridgeway are preparing a class action against IG Markets on behalf of investors who collectively lost an estimated $800 million or more trading contracts for difference (CFDs). The proposed action involves up to 20,000 "everyday ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... by the syndicate, along with LUCRF Super and Club Plus. The brokers involved have been reported to be CMC Markets, IG Markets and CommSec. Australian Federal Police and ASIC conducted investigations into the syndicate's activities for over a year. ...

Share market's rally comes to an end

AAP  |  FRIDAY, 17 JUL 2015
... than expected earnings reports from tech companies including Google and Netflix lifted the Nasdaq to a record high. IG Markets chief markets strategist Chris Weston said investor confidence was returning to global markets. "Some of the big macro concerns ...

Australia stocks tumble on commodity falls

AAP  |  THURSDAY, 9 JUL 2015
... market comes after a bruising session for US stocks, with all 30 members of the blue-chip Dow Jones index falling. IG Markets chief market strategist Chris Weston said concerns about falling commodity prices, such as iron ore, were a major contributor ...

Insync with beer

DARREN SNYDER  |  FRIDAY, 19 JUN 2015
Insync Funds Management chief investment officer Monik Kotecha is joining the list of people saying it makes sense for Australian's to invest in highly profitable alcohol-related companies. Within the last six months Insync bought back in to AB InBev ...
PREVIOUS
NEXT