Medcraft addresses ASIC's NAB responseBY ALEX BURKE | THURSDAY, 26 FEB 2015 11:50AMIn his opening statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Would an annual exam, like the one proposed by a number of "commentators", including Medcraft, have prevented the latest NAB debacle?
Of course not....wake up...it's up to the licensee and the regulators to monitor the activities of those working in the industry to ensure that this sort of behaviour is stamped out.