27 Oct 2017

Statement regarding former adviser, Shane Thompson

Attributable to Greg Miller, NAB Executive General Manager of Wealth Advice:

We welcome ASIC’s investigation and the conviction of Mr Shane Thompson.

In March 2013, NAB terminated Mr Thompson’s employment after we discovered he had forged clients’ signatures in an attempt to increase his own remuneration at the expense of the NAB.

We expect our advisers to do the right thing at all times – by their customers and us as their employer, and we will always hold them to account.

NAB subsequently reported Mr Thompson to ASIC, and fully supported the regulator’s investigations, and cooperated with the Commonwealth Director of Public Prosecutions.

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