NAB today welcomed ASIC's action against former NAB Financial Planning adviser, Shane Thompson.

Executive General Manager NAB Wealth Advice, Greg Miller, said NAB dismissed Mr Thompson in March 2013 for forging clients signatures on product issuer forms in an attempt to increase his own remuneration at the expense of the NAB Group.

'Advisers must do the right thing at all times - by their customers and their employer,' Mr Miller said.

'Forging signatures is unacceptable conduct, which is why we dismissed him.'

In February 2014, NAB announced a series of steps we are taking to restore customer trust and confidence in the financial planning industry and our advice businesses. Further information about NAB's Customer Response Initiative is available via here.

NAB - National Australia Bank Ltd. issued this content on 04 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 February 2016 05:08:17 UTC

Original Document: http://news.nab.com.au/nab-welcomes-asic-action-2/