By: Mark Walter
Slater & Gordon is investigating compensation claims
on behalf of investors who received
financial advice from Commonwealth Financial Planning and Financial
Wisdom, subsidiaries of the Commonwealth Bank of Australia.
Slater & Gordon has extensive experience in acting for people
who have suffered loss as a result of poor financial advice. Below
is a recent example of a professional negligence case run by Slater
& Gordon.
Unauthorised investments
Slater & Gordon acted for a client who had a protracted
dispute with her financial advisor. The client had previously
engaged other solicitors who had been unable to resolve the
dispute.
The client approached the financial advisor for advice following
the sale of her small business, which she had worked to build up
over many years. The proceeds of the sale represented her
'nest-egg' for retirement. As our client was very concerned
to protect the funds, she sought the advice of a financial advisor
on
