Sunday 22 February 2015

Whistleblower's NAB leak reveals persistent bad behaviour in financial planning


From Sydney Morning Herald –

“It was early August 2014, and the financial advice industry was on red alert. The Commonwealth Bank's chief executive had just "unreservedly" apologised for a scandal involving fraud, forgery and a cover-up within the bank's financial planning operations. Allegations had just surfaced about cheating on professional exams at Macquarie Group.

And within National Australia Bank, a sensitive and explosive report was circulating.’

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