Dolman Bateman Accountants Sydney
Experts in Forensic Accounting, Specialists in Business & Tax
02 9411 5422
In this month's Webinar, Fiona Bateman and I are examining actions against financial planners and investment advisers for negligent advice. We are involved currently with many actions against financial advisors including: Managed Investment Schemes Margin Lending Inappropriate … [Read more...]
“Far too many times in this industry have we seen individuals with little to no actual training – both technically and practically – causing untold harm to investors and by extension to the planning industry,” former Liberal Leader John Hewson said in an interview with IFA. Words of … [Read more...]
Over the past decade or so, Australia has seen a number of Managed Investment Schemes ("MIS") offering investors the opportunity to acquire an ‘agribusiness’ - the prime examples being schemes offered by Timbercorp, Great Southern and Palandri which all involve investments in a plantation … [Read more...]
Commonwealth Financial Planning (CFP), is to compensate clients who received inappropriate financial advice from one of their financial planners following an ASIC Investigation. CFP will appoint an independent expert to review the implementation of the client compensation program and the … [Read more...]
We have been amazed at the number of people who are being asked to sign a "Statement of No Advice" by their financial Advisors. Why would the advisors ask you to do that? They don't have to take responsibility for their advice. If they don't want to take responsibility why would you … [Read more...]
Having lost money through the investments made by your financial adviser does not necessarily represent bad or negligent advice. However, the financial adviser does owe you a duty of care and he may have breached that duty of care if he failed to exercise reasonable care and skill in giving you … [Read more...]
The collapse of Timbercorp & Great Southern has hurt Financial Planners. The editor of Asset - The Financial Planning Professional Magazine stated that Professional Investment Services Ltd (PIS) did not throw an end of financial year party as they have missed out on more than $15 million in … [Read more...]
