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Planners row as BT goes in for Count
[May 27, 2012]

Planners row as BT goes in for Count


May 27, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Count has appointed lawyers to assess whether BT Financial Group breached an agreement preventing competition between financial planning practices and platforms. Count alleges that BT wrongly used its BT Wrap platform to recruit a number of Count advisers, despite an agreement preventing BT Wrap from competing with Count. Shadforth Financial Group CEO Tony Fenning said BT had breached a number of unwritten industry codes.

Publication Date: 28 May 2012 WESTPAC BANKING CORPORATION - ASX WBC COMMONWEALTH BANK OF AUSTRALIA - ASX CBA BT FINANCIAL GROUP PTY LTD COUNT FINANCIAL LIMITED COUNSELS' CHAMBERS LIMITED BT WRAP MAGNITUDE FINANCIAL PLANNING SHADFORTH FINANCIAL SERVICES LIMITED MATRIX PLANNING SOLUTIONS LIMITED IOOF HOLDINGS LIMITED - ASX IFL DKN FINANCIAL GROUP LIMITED

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