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Court approves $16m DASS settlement

The Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay.

Australia , Australian , Alan-dixon , Piper-alderman , Christopher-brown , Justice-thawley , Ep-financial-group , Australian-financial-complaints-authority , Dixon-advisory-superannuation-services , Group-members , Federal-court , Dixon-advisory

Is mortgage protection 'junk' insurance?

Members of the industry have hit back at the mortgage protection insurance class action, suggesting it has a valuable role to play in protecting borrowers.

Australia , Australians , Aussie , Australian , Emily-sofkovska , Lawry-miller , Kione-johnson , Australian-financial-complaints-authority , Financial-services-council , Community-builders-mortgage , Zurich-australia , Zurich-australia-limited

How can advice firms avoid an AFSL failure?

With 4.2 financial advice firms expected to fail per year, what type of problems can occur that could cause a licensee or micro-AFSL to go under?

Australia , Australian , Colin-williams , Richard-hopkin , Rhett-das , Cowell-clarke , David-locke , David-valvo , Australian-financial-complaints-authority , Compensation-scheme , Last-resort , Crown-wealth

Long-awaited investor compensation scheme gets under way

A compensation scheme offering up to $150,000 to consumers who have experienced misconduct is now operating.

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