LEGAL HELPLINE:

☎ 1800 529 835

NAB Financial Advice Negligence

Legal Helpline: ☎ 1800 529 835

If you have received poor financial advice from a financial adviser or planner from NAB (National Australia Bank), you may be eligible to have your file reviewed under NAB’s Financial Advice Remediation program. Our No Win No Fee solicitors can provide independent legal advice to ensure that you receive appropriate compensation that you may be entitled to.

Financial planning, investing and superannuation advice is intended to help you reach your financial goals and plan for retirement. If your investments have performed poorly and you are unhappy with the advice you have received there is a chance that you may be able to make a claim. Whether you are a former or current client of NAB, our solicitors can help you.

We can also help if you received poor advice from one of NAB's subsidiaries:

  • MLC
  • JBWere
  • Meritum
  • JANA
  • Plum
  • Godfrey Pembroke (Financial Advice Specialists)
  • Garvan Financial Planning
  • Apogee Financial Planning Ltd

The areas of advice which are covered include:

  • Managed funds
  • Tax
  • Gearing
  • Super funds
  • Retirement income advice
  • Debt management
  • Personal insurance cover
  • Estate planning

NAB Customer Response Initiative

Over the last few years, the media has reported on cases involving serious breaches by NAB financial planners, including a small group of NAB advisers who forged clients' signatures. A total of 41 financial advisors were sacked from NAB and its subsidiaries over a 2 year period to 2015, including 8 who were reported to ASIC.

In February 2015, NAB announced the Customer Response Initiative for wealth advice for customers who may have received non-compliant financial advice since 2009. The initiative investigates complaints of professional misconduct and inappropriate financial advice by its wealth advisors.

In a media release by NAB in September 2016, it was reported that "NAB has made $6.5 million in payments to 251 customers after resolving their claims for compensation."

NAB has been contacting some of their customers directly, offering a file review. They also encourage customers who have not been contacted and who feel that have received bad financial advice to contact their Customer Response Initiative for a free review of their file.

Get Independent Advice

Before accepting any offer of settlement or signing a deed from NAB, it is important that you receive independent legal advice. A settlement is final. You need to ensure that the offer of compensation from NAB is appropriate in your particular situation. Contact our free legal service today to find out about your legal rights and entitlements to compensation for negligent financial advice. Simply complete the contact form on this page or call our 24/7 free legal helpline.

It is important that you seek legal advice as soon as possible as time limits apply to compensation cases. Our solicitors have branches across Australia and can provide legal representation on a No Win No Fee contract.

 

FOR OBLIGATION-FREE LEGAL ADVICE PLEASE COMPLETE THE CONTACT FORM

OR CALL:

LEGAL HELPLINE:

☎ 1800 529 835

CONTACT FORM










Please read our Terms of Use.

 

Copyright 2008 - 2016- solicitoradvice.com - All Rights Reserved