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Broker can’t take back admission in Provident class action defence
Financial Services 2018-09-21 2:38 pm By Miklos Bolza

A judge has shot down a last minute bid by an insurance brokerage facing a cross claim in a class action over failed debenture issuer Provident Capital to retract an admission in its defence ahead of trial next month.

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IOOF unit seeks to expand claims against insurance broker in Provident class action
Class Actions 2018-08-13 9:17 pm By Miklos Bolza

IOOF subsidiary Australian Executive Trustees wants to expand the cross-claim it filed against insurance broker Willis Australia in the class action over the collapse of Provident Capital, two weeks after AET agreed to fork over $44.25 million to settle the matter.

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