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Showing 1 - 8 of 8 results for %22Beneficiary Nomination Forms%22

AAT downgrades adviser banning

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... though she claimed she was not trying to find excuses". ASIC found that Lee falsely witnessed binding nomination of beneficiary forms for 17 clients, backdated documents and falsified a client's signature while a representative of ANZ. Lee represented ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... forgery and falsifying documents. Lisa Lee, a Sydney-based former adviser, falsely witnessed binding nomination of beneficiary forms for 17 clients, backdated documents and falsified a client's signature while a representative of ANZ. Lee represented ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... Certified Financial Planner, had backdated advice documents to clients and incorrectly witnessed binding nomination of beneficiary forms. He also attempted to mislead the regulator by way of providing client files with documents that had been created ...

NAB to end financial planning compliance issue

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... that originally surfaced in 2017. The issue saw NAB Financial Planning conduct a review of client beneficiary nomination forms after the bank found an adviser and their support staff did not correctly witness client BNFs. NAB has moved to bring a compliance ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... conducted in 2016 found one of its advisers had falsely claimed to have witnessed the signing of several Beneficiary Nomination Forms by clients. In an open letter to NAB chief executive Andrew Thorburn, FSU local executive secretary Darren Martin claimed ...

FSU calls out NAB for lack of standards

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
Any compliance breaches made by NAB Financial Planning around the incorrect witnessing of Beneficiary Nomination forms prior to 31 May 2017 should not be included in the new conduct background check protocol. That is the view of the Finance Sector Union ...

NAB adviser puts beneficiaries at risk

JAMIE WILLIAMSON  |  MONDAY, 29 MAY 2017
... undertaking a review after one of its advisers failed to correctly witness the signing of client Beneficiary Nomination Forms on more than one occasion. During a regular compliance review in late 2016, NAB Financial Planning found that the adviser and ...

NAB Super introduces binding death benefits

RUTH LIEW  |  TUESDAY, 26 MAY 2009
... existing non-binding death benefit nominations will continue to operate alongside the new binding option. The 'Beneficiary Nomination Form' is now available on the NAB Group Super Forms page.
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