Topic: Financial Advice

The wealth management company deducted withholding tax from a dividend paid to Mason’s trust.

Jeannie was $160,000 short when she needed to settle her house purchase, after following advice to put all her money in a growth fund during a time of market volatility. Did she get suitable advice from her adviser?

Fetu complained that his mortgage adviser failed to progress his mortgage application after he provided all the necessary information. He wanted $90,000 compensation – but what was a fair outcome?

Kevin complained that his lender didn’t follow an instruction to fix his home loan interest rate. The lender agreed to settle – but what was a fair outcome?

Joe had been working with a mortgage adviser for over a year when he received a loan offer from a bank directly. Joe accepted the bank’s offer because it was higher than any offer his adviser had obtained, but the adviser then charged Joe a $2,500 fee – was this fair?

Lui and Fiafia were shocked when they received a $3,500 invoice from their former mortgage adviser

After buying a second property and refinancing her home loan, Laura was shocked to receive a $2500 invoice from her old mortgage adviser. Even though Laura had broken the terms of her loan agreement, did she really have to pay up?

What happens if a mortgage adviser delays submitting a loan application causing the consumer additional costs, stress and inconvenience?

Thinking she has vehicle insurance in place, Hinewai contacts her adviser to make a claim. She discovers she’s not insured.

Kauri paid a company nearly $1,800 to manage his debts by making repayments to his creditors on his behalf. After 6 weeks, Kauri noticed the company wasn’t paying his creditors.