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  • Tahn Sharpe

‘But for’ compensation stoush brews between the FAAA and AFCA

AFCA stands by the use of its “But for” methodology to calculate compensation payments, despite the FAAA’s protestations. Clients will get paid what they lost, plus what they would have earned if the advice wasn’t inadequate. Just don’t call it payment for theoretical loss, or opportunity cost.

Tahn Sharpe | 9th Dec 2024 | More