Exposing Unacceptable Financial Advice

Exposing Unacceptable Financial Advice
 
EUFA has gained great momentum with the media coverage since it was launched in September.

On Thursday 25 October 2007 after the planned Bridgecorp meeting, EUFA will have its inaugural meeting as a new Incorporated Society.

Very skilled people are willing to put their time into working voluntarily towards the organisations goals and aspirations.   It may well be that the goals are extended as we learn more of the size of the problems associated to the financial collapse.  
 
A meeting is being planned for mid Nov with the Minsiter of Economic Developement after an invitation from her when she learnt of the goals of the organisation.
 
Also Financial Advisors who have blatantly misled investors can be concerned as lawyers throughout New Zealand begin group type actions.   EUFA hopes to be able to work along side the Law firms taking these cases on.

Financial Advisors who have acted within the industry practices probably have little to worry about although they are all suffering from the advisors who have acted unprofessionally.

Many Bridgecorp investors are calling for action against the company as well as their advisors. It also appears that people who invested directly are suffering with a similar amount of grief as those who went to their Financial Advisors.

It is obviously the situation is a two-gilded sword

Ends

© Scoop Media