Financial advice bar set high: court upholds $1.1 m naivety payout over injury damages mis-spend

A financial planner has lost his appeal against an order that he pay compensation to a motor accident victim for failing to warn her against over-spending her injury compensation funds. Michelle Bankier was awarded almost $2 mil in 2002 from the spinal injuries she sustained as a 16-yr-old in a 1997 car accident in which her … Continue reading Financial advice bar set high: court upholds $1.1 m naivety payout over injury damages mis-spend