AMP's Head of Advice Compliance testifies at the Banking Royal Commission (2.11)

Sarah Britt, Head of Advice Compliance at AMP, is being questioned over inappropriate financial advice from an AMP adviser, only identified as Mr E. Recorded on 23 April 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne. Exhibit documents: https://bit.ly/2IFnXIg Transcript: https://bit.ly/2rZ5mQQ Witness statement: https://bit.ly/2IBSTci Testimony held during the second round of public hearings on financial advice in Australia at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Content republished from the Royal Commission's website as permitted by its Creative Commons Attribution 4.0 International licence. © Commonwealth of Australia 2018.

10 Comments:

Rationalist Society
Rationalist Society:
Rowena Orr is a brilliant barrister.
Wilson
Wilson:
" Unscripted thinking is not one of my strong points... " - Sarah Britt
john dean
john dean:
We are all seeing and hearing the difference between ms Orr , who portrays the truth and being a dignified human being, the other Ms Britt as a liar and a person that has total disregard for the truth and would lie her way to keep her salary (no dignity ever noted here). Ms Britt is simply disgusting.
Terry McMaster
Terry McMaster:
Royal Commissions are conducted with impartiality, honesty, candour and integrity. All relevant cogent evidence is adduced. The media reports on the Royal Commission accurately and fairly and does not omit relevant cogent evidence. The Royal Commission process is not used for dishonest and disingenuous ulterior motives.
 
The legal practitioners as officers of the court comply with their general law obligations and in the case of barristers the Legal Profession Uniform Conduct (Barristers) Rules 2015and in the case of solicitorsLegal Profession Uniform Conduct (Solicitors) Rules 2015.
 
Royal Commission researchers may be interested in completing this sequence of exercises.
 
First, in the case study of Andrew Smithpresented on 19 April 2018 look at, in this order:
 
1          EXHIBIT 2.279 - ASIC.0015.0001.4173 - 20171120 - NFA Memo - Andrew Smith.docx 28-Feb-18 [PDF 1775KB]
 
2          the transcript of the cross examination of AMP’s Mr Wright on Thursday 19 April 2018 (Pages 1414 to 1470) which can be read here: https://financialservices.royalcommission.gov.au/public-hearings/Pages/transcripts.aspx
 
3          the youtube vision of the above cross examination which can be viewed here: https://www.youtube.com/watch?v=2JmwkXIs_9k&t=10338s
 
 Second, in the case of Adam Palmer presented on 23 April 2018 look at, in this order:
 
1.         EXHIBIT 2.280 - ASIC.0016.0001.1024 - 20171114 - NFA Recommendation - Adam Palmer.docx 31-Mar-18 [PDF 3496KB]
 
2.         Transcript of Ms Orr’s examination of AMP’s Ms Britt about Palmer on 23 April 2018 (Pages 1622 to 1645) which can be read here:https://financialservices.royalcommission.gov.au/public-hearings/Pages/transcripts.aspx
 
3.         the youtube vision of the above cross examination which can be viewed here:
https://www.youtube.com/watch?v=SQO3mTAKydU&t=9070s
J AW
J AW:
If women were in charge the GFC never would have happened...ha ha.
Alex Gutierrez
Alex Gutierrez:
Rowena for PM !
SkinnyCow
SkinnyCow:
Love it when the power women spar.
Wilson
Wilson:
R.Orr, " Why have you not looked at the whole file Ms Britt ?? ", Ms Britt, " Well err, umm, we have other people to do that.. ", R. Orr, " You are Head of Compliance, are you not ?. AMP has sent you to answer the relevant questions, so why are you not prepared Ms Britt ?? ", Ms Britt, " Well, errr, umm, bugger, shit, I'm so fucked, I want my mummy.... ". These poor people lost tens of thousands of $$ because of poor/despicable super advice by Mr 'E' in 2015/2016, no termination & no reporting to ASIC as per legislation. Also, no remediation as of 11/17, & Ms Britt is trying to 'buck pass'. Standard Operating Procedure for Ms Britt & AMP upper management. Pathetic.... https://www.smh.com.au/business/banking-and-finance/grade-e-for-bad-advice-amp-took-two-years-to-sack-mr-e-20180423-p4zb44.html Mr 'E' must have been able to fuck Ms Britt senseless !!!
MrSteve72
MrSteve72:
Hang the lot!
James Walter
James Walter:
Hahahahaha.............Brainwash them a new life type.....hahahahahahahahahahah...this is the most pathetic crap I have seen in governance... HOw stupid they are that they take things so seriously in the global south....it is such a communist dogs effort in all this.....I say....they are dogs barking up the wrong twin tower or mooching around a pentagram..........hahahahahaha

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