Financial advisers 'mostly successful' against negligence claim

Only a few court decisions have been made on negligence against financial advisers following finance company collapses in NZ, with most settling out of court.

Hamish McNicol
Fri, 14 Aug 2015

A Napier couple suing a former financial adviser after losing about $1.6 million to various finance companies has had most of the claim struck out.

In December, Heather Smith and Andrew Martin said they were taking a case alleging negligence against Wellington firm McDouall Stuart because they

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