ASIC has given a former Macquarie Equities employee a three-year ban.
Ben Rickman was found by the regulator "not to be adequately trained or competent to provide financial services," having done so as a Macquarie Equities representative from 2012 to 2014.
During that period, ASIC said Rickman gave financial and legal advice pertaining to wills and estate planning, and described himself as a "solicitor/conveyancer" for the purposes of overseeing a property transaction - despite having no relevant qualifications or licences.
ASIC added that Rickman "demonstrated a lack of understanding regarding the role of a financial adviser."
Rickman has appealed for a review of his ban in the Administrative Appeals Tribunal.
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