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Former adviser sentenced

Former financial adviser and director of Strategic Planning Group Andrew Hrothgar Robinson has been sentenced to 12 months' jail. 

Wednesday, October 28th 2015, 12:32PM

This is in addition to the 12-month term he was given early this year for fraud charges laid by the Serious Fraud Office.

Robinson had earlier pleaded guilty to charges laid under the Financial Reporting Act, the Financial Advisers Act and the Financial Service Providers (Registration and Dispute Resolution) Act.

The charges relate to Robinson providing a broking service without being registered, knowingly making a false statement in his application to become an authorised financial adviser and making false statements in the 2008 and 2009 SPGI financial statements. 

The charges followed investigations by the FMA and the SFO into the activities of SPG and SPGI, which began in 2012.

The second director of SPGI, Mark Andrew Turnock, will be sentenced at the Auckland High Court on 24 November 2015. He faces one charge of making false statements in the 2008 and 2009 SPGI financial statements.

Tags: financial advisers

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ANZ 5.19 4.05 3.95 4.49
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ASB Bank 5.20 4.05 3.95 4.39
ASB Bank Special - 3.55 3.45 3.89
BNZ - Classic - 3.55 3.45 3.99
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Credit Union Baywide 6.15 4.95 4.95 -
Credit Union North 6.45 - - -
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Finance Direct - - - -
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Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.80 4.95 -
HSBC Premier 5.24 3.35 3.35 3.35
HSBC Premier LVR > 80% - - - -
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HSBC Special - - - -
ICBC 5.15 3.18 3.18 3.20
Kainga Ora 5.18 4.04 3.95 4.39
Kiwibank 5.80 ▼4.14 ▲4.30 4.64
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Kiwibank - Offset 5.15 - - -
Kiwibank Special - ▼3.39 ▲3.55 3.89
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.25 4.15 -
Pepper Money Near Prime 5.64 - 5.44 5.44
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Pepper Money Specialist 7.59 - 7.39 7.39
Resimac 4.50 4.86 3.89 3.94
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SBS Bank 5.29 4.85 5.05 5.49
SBS Bank Special - ▼3.55 3.39 3.89
Sovereign 5.30 4.15 4.29 4.55
Sovereign Special - 3.65 3.75 4.05
The Co-operative Bank - Owner Occ 5.15 3.49 3.59 3.89
The Co-operative Bank - Standard 5.15 3.99 4.09 4.39
TSB Bank 6.09 4.35 4.25 4.69
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TSB Special 5.29 3.55 3.45 3.89
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
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Median 5.34 4.04 4.09 4.39

Last updated: 15 November 2019 4:16pm

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