High Court decision on Westpac case – General vs Personal Advice – Breakfast Briefing Webinar

10 Feb. 2021

One-off Webinars

Jesse Vermiglio
Partner
Paul Derham
Managing Partner
High Court decision on Westpac case – General vs Personal Advice – Breakfast Briefing Webinar

The High Court dismissed Westpac’s appeal in the case Westpac Securities Administration Ltd v Australian Securities and Investments Commission [2021] HCA 3.  The case, on appeal from the Full Federal Court, considered whether advice given to Westpac’s existing customers, as part of an outbound call campaign, which recommended that they roll over their superannuation into their Westpac-aligned superannuation fund, was personal advice.

This is a significant judgment, and one that confirms that meeting the personal advice test can be a low bar.  This judgment will be particularly important for those financial services providers operating under a general advice model.

This webinar will discuss the High Court decision and key takeouts, as well as the impact it will have in continuing to provide advice to your clients.

Non-Subscriber Price

Price: $125

GST: $12.50

$137.50 inc GST

CPD Details

0.5 hours

Categories:

  • Regulatory Compliance and Consumer Protection

Related Videos