Tag: Commonwealth Financial Planning Limited

Regulation
October 03, 2018 BY Valentina Kirilova

ASIC successfully appeals sentence of former CBA financial planner

Australian regulator ASIC and the Commonwealth Director of Public Prosecutions have announced that they have successfully appealed the sentence of Ricky David Gillespie, a former senior financial planner of the Commonwealth Bank’s financial planning subsidiary, Commonwealth Financial Planning Limited. On 12 December 2017, Mr Gillespie was fined $3,000 with no conviction recorded, after pleading guilty…

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asic bans
January 18, 2018 BY Valentina Kirilova

ASIC bans former Commonwealth Financial Planning adviser for 5 years

ASIC announced that it has banned Kimberley Holgate, of Wagga Wagga, NSW, from providing financial services for five years. Ms Holgate was an authorised representative of Commonwealth Financial Planning Limited (CFPL) from January 2014 to October 2015. ASIC found that Ms Holgate: engaged in conduct that was likely to mislead by cutting clients' signatures from…

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