ASIC bans former Macquarie planner
Tuesday, 19 January 2016 12:26pm

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.

Link to something O1iaXOjG