Regulatory Legal sets sights on LM advisers
Regulatory Legal Solicitors, the law firm which is seeking redress for investors in a number of high profile fund suspensions, is now setting its sights on the LM Investment Management fund range.
LMIM
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Peter Drake life offices and advisers criticised
An adviser who claims his clients were refused redemptions by LM Investment Management for around three years prior to its collapse, has launched a scathing attack on those he feels are culpable.
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lm action group one year on cites asic failings
An action group of advisers with clients invested in the LM Investment Management fund range has highlighted how its concerns about Australian financial regulator not acting quickly enough over the firm’s collapse were included in a detailed Australian Government Senate report.
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LM investor victim group hits 500 members
An action group established by aggrieved investors into the LM Investment Management range of funds now has more than 500 members, as it continues its push for an independent inquiry into the firm’s collapse.
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lm investor action group calls for independent
A group set up by investors to fight for “action” following the collapse of LM Investment Management and its funds, is stepping up its campaign and calling for an independent inquiry by the Australian government.
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lmims peter drake hits back at aci fti
LM Investment Managements founder and former chief executive Peter Drake has again hit back at the behaviour of existing and former trustees KordaMentha and FTI Consulting.
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Figures reveal huge scale of LM fund sales
A full year after LM Investment Management filed for administration in a Queensland Court, figures seen by International Adviser reveal how widespread the sale of its flagship Managed Performance Fund.
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regulators coming under fire from wronged
Earlier today International Adviser reported on a new action group which has been set up to take on the UK Government in the wake of damaging comments made by the Financial Services Authority two years ago.
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investor group demands action over lm
A group of investors in the failed LM Investment Management range of funds is calling for an investigation into the collapse of the company.
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lmim group calls on advisers to stand up
Members of an adviser group seeking to claw back money for investors in the LM Investment Management range of funds, are calling on advisers to stand up and take responsibility for their advice.
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effectiveness of australian regulator called
A group of IFAs representing investors in the failed LM Investment Management company have made a submission to the Australian government questioning the effectiveness of the country’s financial regulator.
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lm managed performance fund trustees plan
KordaMentha, the appointed trustee of the beleaguered LM Managed Performance Fund, is seeking advice from the Supreme Court of Australia over whether to pursue former trustee LM Investment Management for almost A$2m (1.3m, £1.1m $1.9m).