Insurer QBE has been told to pay out $11.2 million to a WA sharemarket investor stung by a dodgy stockbroker more than 10 years ago. The investor, Beverley Margetts, was a client of disgraced Stripe Capital broker Todd King, who...

See below – there needs to be law reform – a person who has engaged in such serious misconduct should be banned from being a company director for life – a 5 year ban is grossly inadequate. 19-119MR Former Sydney...

Some of the worst financial advice that I have seen has come from property development firms masquerading as financial planning firms. They use a variety of marketing techniques to get clients in for a meeting (such as cold calling and...

In its response to the Hayne Royal Commission the Government has stated that it will require AFCA to consider disputes dating back to 1 January 2008.  Without getting into technicalities it is not entirely clear to me what dating back...

An issue that always undermined the FOS was unpaid determinations.  This was a particular issue with respect to financial planning disputes.  Nearly 1 in 5 of the Determinations issued with respect to financial planning firms were not paid. Determinations were...