Through the muck and the mire of 2019 one thing has remained constant; participants and purveyors in and around the financial planning industry have their own – often strong – opinions on the world around them.
18 December 2019 11:14
AFA, AIST, AMP, Andrew Inwood, CoreData, Dante De Gori, eva scheerlinkck, FASEA, FPA, Geoff Lloyd, MLC Wealth, Phil Anderson, Stephen Glenfield
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Victims’ advocate: Investors could ‘end up with breadcrumbs’ in class action
A class action brought against Macquarie in its capacity as trustee of a platform that hosted the collapsed Shield master fund may take longer to settle and yield poorer results for investors than pursuing claims through AFCA and the CSLR, a leading victims’ advocate has warned. And investors attracted to the class action in the hope of being compensated twice will likely be disappointed.
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