A former CBA support planner has been banned from providing financial services for her role in assisting banned former Commonwealth FP financial adviser Jade Zaicew.
ASIC has announced that former Commonwealth FP staff member Rebecca Locksley has been banned after an investigation found she had created false documents.
Ms Locksley allegedly engaged in the misleading and deceptive conduct while employed as a support planner to Jade Zaicew, who was banned by ASIC in April 2014.
“Ms Locksley prepared file notes containing fictional conversations between Mr Zaicew and his clients to give the impression that the files were in proper order and that Mr Zaicew had given advice to the clients in accordance with the law,” said a statement from ASIC.
“While Mr Zaicew was suspended from CFPL, Ms Locksley also prepared and backdated around 40 other documents, including records of advice, to give the impression they had been prepared at the time of the client transactions.”
SUBSCRIBE TO THE IFA DAILY BULLETIN
11 Dec 2017Insurance engagement driven by advisersBy Jessica Yun
11 Dec 2017Kaplan pushes for new CPD regimeBy Staff Reporter
11 Dec 2017Senate approves AFCA billBy Annie Kane
11 Dec 2017Treasury reassess early super release rulesBy Miranda Brownlee
8 Dec 2017Dunsford embarks on acquisition huntBy Killian Plastow
8 Dec 2017ASIC reaffirms interest in reference check protocolsBy Killian Plastow
- view all