ANZ financial planner banned by regulator for falsifying documents
The Australian Securities and Investments Commission (ASIC) has banned former ANZ and SunCorp employee Andrew TambyRajah from providing financial advice for five years, after he "engaged in misleading and deceptive conduct". ASIC said during his tenure at ANZ, between January 2006 and July 2014, TambyRajah created false documents and falsely amended documents in client files. A spokesperson for ANZ said the company would contact all of TambyRajah's clients to inform them of his ban. ASIC has recently cracked down on the wealth management arms of Australia's big four banks.
A former ANZ financial planner has been banned from providing financial services for five years after he was found to have created false documents.

Andrew TambyRajah, of Sydney, was a financial planner with ANZ Financial Planning between January 2006 and July 2014.

He was working as a financial planner at Suncorp until last week when he resigned, a Suncorp spokesperson said.

The Australian Securities and Investments Commission said Mr TambyRajah engaged in misleading and deceptive conduct by creating false documents and falsely amending documents contained in client files.

The conduct included writing clients' names and initials on documents in places designated for their signatures and initials, changing the date recorded on documents and creating false investor profile forms for two clients by photocopying forms they had signed in previous years and changing the dates on the new documents, ASIC said.