Whiles-Clarry v Standing [2011] NZIACDT 25 (8 August 2011) [pdf, 92 KB]
...when they migrated to New Zealand. The decision found: [2.1.1] The Adviser had an incorrect understanding of the material policy requirements, [2.1.2] Failed to review his clients’ options, and [2.1.3] Failed to engage with his clients in an informed way, and address his erroneous understanding when his error was discovered. [2.2] The Adviser misled his clients in an attempt to justify the incorrect advice he gave. He falsely claimed there had been a policy change, and a more libe...