Latest Products

Rogue AMP Planner

Thursday 26 April 2018

Sydney Morning Herald

Rogue the AMP planner, Adam Palmer, advised client’s to his private firm, Property Saint, on the side.

The Sydney Morning Herald reported that AMP hired Palmer in 2013 knowing that his previous employer had been sanctioned by the Australian Securities and Investments Commission and that Palmer had been found guilty of giving poor advice in the past.

According to SMH:

That audit found a slew of misconduct including Mr Palmer not telling at least 10 clients of his conflict of interest involving Property Saint and concerns about the quality of his advice and led to Mr Palmer leaving AMP before he could be sacked.

They reported that AMP also did not tell the financial advisor’s new employer, Dover Financial of his past misconduct.