Former CBA adviser permanently banned

Anneliese Ada Willmott is is a director of Polaris Financial Services and was an authorised representative of a CBA-owned financial planning firm Financial Wisdom from 12 November 2015 until 10 August 2017, ASIC said in a statement.

ASIC found Ms Willmott had:

• engaged in dishonest, misleading and deceptive conduct by forging client signatures, using false documents and back-dating documents;
• deleted records to conceal misconduct;
• falsely declared to have witnessed signatures on death benefit nomination forms and arranged for others to backdate and falsely witness these forms; and
• failed to provide statements of advice to clients.

ASIC noted Ms Wilmott has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC’s decision.