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

Search Results

Showing 1 - 5 of 5 results for "Wealthstone"

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... for interest to sample group members Equity Financial, and $115,533.51 for damages and $17,177.84 for interest to WealthStone. Following an appeal from AMPFP and a cross-appeal from Equity Financial, one year later, the parties went into mediation, which ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... 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 the amounts payable. AMP later opted to ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... 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 losses caused ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... 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 results, whereby ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... 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 the amounts payable to Wealthstone ...
PAGE:
1