News story clarification: Adviser banned for life
In the Money Management email newsletter dated 06-09-2000, the story titled 'Adviser banned for life' reported that an ex-Westpac adviser, Luke Stuart McGrath had received a life-time ban from the Australian Securities and Investment Commission (ASIC).
Money Management emphasises this is not Luke Antony McGrath who is employed by Permanent. Luke Antony McGrath holds a proper authority with Permanent Trustee Company Ltd and remains in good standing within the industry.
The information in the ne
In the Money Management email newsletter dated 06-09-2000, the story titled 'Adviser banned for life' reported that an ex-Westpac adviser, Luke Stuart McGrath had received a life-time ban from the Australian Securities and Investment Commission (ASIC).
Money Management emphasises this is not Luke Antony McGrath who is employed by Permanent. Luke Antony McGrath holds a proper authority with Permanent Trustee Company Ltd and remains in good standing within the industry.
The information in the news report was supplied by ASIC.
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