Australian (ASX) Stock Market Forum

Wellington Capital PIF/Octaviar (MFS) PIF

The announcement has an email address for contact: iac at wellcap.com.au

Oh yeh, didn't we bombard it all throughout the tenure of IAC Mark1?
Apart from miniscule inclusions of worthless dispensation of their "duties" in WC updates,
fair dinkum members got no feedbacks from that inoperative Mark1.

So I will chance it again:

Dear IAC Mark 2, could you please respond to my request to post on this forum
your assurances of ESTABLISHING a bona fide liaison with us.
And then all will be forgiven with this fresh start.
The bygones will truly be gone.

In anticipation, regards
 
Oh yeh, didn't we bombard it all throughout the tenure of IAC Mark1?
Apart from miniscule inclusions of worthless dispensation of their "duties" in WC updates,
fair dinkum members got no feedbacks from that inoperative Mark1.

So I will chance it again:

Dear IAC Mark 2, could you please respond to my request to post on this forum
your assurances of ESTABLISHING a bona fide liaison with us.
And then all will be forgiven with this fresh start.
The bygones will truly be gone.

In anticipation, regards

Note that Bronwyn Andrejic was a member of mark 1 as well. This could well be her http://en-gb.facebook.com/people/Bronwyn-Andrejic/1587722455
 
Note that Bronwyn Andrejic was a member of mark 1 as well. This could well be her http://en-gb.facebook.com/people/Bronwyn-Andrejic/1587722455

Ha ha, Facebook!!!
Typical of that cauldron of Narcissim.
Appear where it's worthless and disappear
when genuinely needed.

C'mon Bronwyn, give us a list of your stellar representations
of PIF'ers during your Mark1 sojourn.
What were, in your opinion, stellar achievements in advancing rank PIF'ers
core concerns???

In anticipation, Regards
 
In the course of my ongoing research I found this job listing dated 20/09/2011

I understand the position has since been filled so don't all rush for your resumes!

To have to employ someone skilled in counselling people who suffer stress, anxiety and grief, is in all likelihood a direct result of the ongoing financial hardship investors continue to suffer under the management of Wellington Capital who pledged to 'reshape and continue' and recommence distributions if elected as RE over THREE YEARS ago is further evidence of a company that failed to deliver.

Telephone Counsellor - Wellington Capital
Telephone Counsellor

Wellington Capital, a Brisbane based Merchant Bank and Fund Manager, is seeking an experienced telephone counsellor to work 9 hours per week (across 3 days) in our Investor Relations team.

To be suitable for this role you will have:

High level of interpersonal, communication, organisational skills which can be applied to dealing with complex issues within a financial services environment
Ability to work with minimal supervision
Ability to work as part of a close team
Demonstrated experience in the treatment of a broad range of issues including grief, anxiety and commonly encountered stress conditions
A desire for continuous upgrading of skills and knowledge through supervision and internal training

Formal qualifications are desirable, but not essential. Proven skills and experience in telephone counselling is essential.

Wellington Capital offers a supportive working environment. Flexible hours are available within the business day.

To apply, send your resume with a covering letter by email to:

Kate Hanrick
General Manager
Wellington HR
khanrick@wellcap.com.au
 
Great piece of research about the "grief counsellor", Seamisty. The appointment leads me to believe that telephoned expressions of despair by PIF investors are growing considerably. Kate Hanrick is a new name to me.
 
Great piece of research about the "grief counsellor", Seamisty. The appointment leads me to believe that telephoned expressions of despair by PIF investors are growing considerably. Kate Hanrick is a new name to me.
Kate Hanrick was there from day one selciper, she was listed as Office Manager in the Explanatory Memorandum. Dale Blackburn listed as Fund Accountant left WC in Sept 2008 so he didn't hang around for long!
 
I wonder if WC staff get to attend these type of training workshops?
http://www.nds.org.au/news/article/1338
Fraud and Corruption Awareness Training
Don't let your organisation become a victim to fraud! According to KPMG, the average loss from fraud by each organisation experiencing at least one incident of fraud rose from $1.5 million in 2008 to $3 million in 2010, while the number of frauds increased by 53% over the same time. These numbers are staggering but this number can be reduced by fraud prevention.

NDS invites you to attend a fraud and corruption awareness training workshop presented by KPMG Forensic. The NSW Industry Development Fund has funded twenty one (21) training workshop sessions to be held across NSW.

KPMG draw on their extensive experience conducting fraud investigations, developing fraud risk management frameworks and fraud control strategies to step you through the drivers of fraud and corruption and the proven methods of preventing fraud, giving you the tools to develop your own fraud control strategy.

The interactive 4-hour workshops will provide attendees with an understanding of:
The types of behaviours that constitute fraud and corruption and the consequences of such actions;
The size and magnitude of fraud and corruption in Australia;
How fraud and corruption occurs and the influence of organisational environments;
Example case studies specific to the NGO sector;
A practical approach to managing the risk of fraud and corruption;
How to use the tools within the NGO Fraud and Corruption Control Toolkit.

The training date, time and location details [Word 327KB] are available to download.

Places are limited so secure your spot now on what is considered "must have" knowledge for management.
 
Great piece of research about the "grief counsellor", Seamisty. The appointment leads me to believe that telephoned expressions of despair by PIF investors are growing considerably. Kate Hanrick is a new name to me.

I too thank you Seamisty for this timely information.
And not a moment too soon.
This is not an occasion to dispense my usual hydrochloric cynism.
Nor wish RE ill for her misdeeds in bringing all these pestulance upon us.
On the contrary, I am grateful.
When will the service number come out?
I want to get in before Michael King does as I am nearer to suicide.

Heaven be praised!!! Salvation cometh!!!
 
I seem to remember a unit holder contacting the Hotline for some explanation as to what happened to his money and he was arrested. One should be careful when seeking help who knows what advice you might be given. I notice that the counsellors were not required to have financial qualifications, I would have thought that unit holders would be seeking just that advice. Probably asking questions like, "What has happened to my money, why have so many promises been broken etc?
 
Ex-MFS Director Paul Manka in the news again:

SHARE CHASE

The board of the formerly MFS-aligned hedge fund investment company Signature Capital has found a useful way to spend shareholder funds.

Signature, which is chaired by the former adviser to MFS, John Morrison, has hired a proxy solitication service to muster support to head off an attempted spill of its board by the fund manager Geoff Wilson at a shareholder meeting next Monday.

CBD has received reports of shareholders who have had calls from the firm Global Proxy Services seeking support for the board.

The resolutions at next week's meeting include the dumping of Morrison, former MFS director Paul Manka, Bruce McComish, Julie Raffe and Bill O'Neill from the board of the company.

The resolution is seeking Wilson be appointed to the board, along with former E*Trade boss Brett Spork and Paul Dortkamp.

Read more: http://www.smh.com.au/business/qant...-with-texan-20111030-1mqdz.html#ixzz1cIw8HHIZ

Same tactics as someone else we all know!
 
Check out the credentails of a former Wellington Capital 'counsellor' who manned the PIF hotline for 1 year and 9 months.
http://au.linkedin.com/in/russellworkman
Russell Workman
Corporate Consulting and Coaching: counsel to CEO’s, Exec's, Leadership, Management
Location Brisbane Area, Australia Industry Professional Training & Coaching

Russell Workman's Overview

Current Director at Russell Workman Executive Coaching and Training
Past Business Development Manager at Multilink Community Services
Counsellor at Wellington Capital
Manager of Corporate Responsibility and HBOS Foundation at Halifax Bank of Scotland
Counsellor
Wellington Capital
April 2009 – December 2010 (1 year 9 months
Manager of Corporate Responsibility and HBOS Foundation
Halifax Bank of Scotland2008 – 2008 (less than a year)
Russell Workman is a professional social worker, counselor, corporate responsibility consultant, and business manager of Magicians Way. He is a solutions expert in business and relationships, specialising in the use of creativity and intuition development.

http://www.linkedin.com/company/russell-workman-executive-coaching-and-training
Russell Workman Executive Coaching and Training
Russell Workman has been in practice for 10 years and has a private counselling and coaching practice in Brisbane, is trained in Family therapy, Narrative Therapy, Hypnotherapy, Solution Focussed Therapy, and is a Master Practitioner and Trainer in Neuro-Linguistic Programming.
He has extensive experience in corporate wellbeing, counselling, coaching, mental health and has held senior management roles in finance and banking, health, and community welfare initiatives.
Russell specialises in motivation, strategy, work place mediation, executive coaching, goal setting, personality analysis, relationships, problem solving, depression, grief, family breakdown, drug and alcohol issues, couples and individual counselling, young people.
Specialties Work Place Mediation, Executive Coaching, Brainstorming Sessions, Goal Setting

A bit more on page 4 re Russell Workman.
 
...

http://www.linkedin.com/company/russell-workman-executive-coaching-and-training
Russell Workman Executive Coaching and Training
Russell Workman has been in practice for 10 years and has a private counselling and coaching practice in Brisbane, is trained in Family therapy, Narrative Therapy, Hypnotherapy, Solution Focussed Therapy, and is a Master Practitioner and Trainer in Neuro-Linguistic Programming. ...

"Neuro-Linguistic Programming." [i.e. NLP] That's brilliant. Perfect. From wikipedia: "Founders Richard Bandler and John Grinder say that NLP is capable of addressing problems such as ... and learning disorders, and helps people attain fuller and richer lives".

Learning Disorders. Well some of us PIF investors certainly do have/had an inability to learn from our mistakes. Suckers.

Hmmm off to quackwatch.org now to check it out.
 
Check out the credentails of a former Wellington Capital 'counsellor' who manned the PIF hotline for 1 year and 9 months.
http://au.linkedin.com/in/russellworkman
Russell Workman
Corporate Consulting and Coaching: counsel to CEO’s, Exec's, Leadership, Management
Location Brisbane Area, Australia Industry Professional Training & Coaching

Russell Workman's Overview

Current Director at Russell Workman Executive Coaching and Training
Past Business Development Manager at Multilink Community Services
Counsellor at Wellington Capital
Manager of Corporate Responsibility and HBOS Foundation at Halifax Bank of Scotland
Counsellor
Wellington Capital
April 2009 – December 2010 (1 year 9 months
Manager of Corporate Responsibility and HBOS Foundation
Halifax Bank of Scotland2008 – 2008 (less than a year)
Russell Workman is a professional social worker, counselor, corporate responsibility consultant, and business manager of Magicians Way. He is a solutions expert in business and relationships, specialising in the use of creativity and intuition development.

http://www.linkedin.com/company/russell-workman-executive-coaching-and-training
Russell Workman Executive Coaching and Training
Russell Workman has been in practice for 10 years and has a private counselling and coaching practice in Brisbane, is trained in Family therapy, Narrative Therapy, Hypnotherapy, Solution Focussed Therapy, and is a Master Practitioner and Trainer in Neuro-Linguistic Programming.
He has extensive experience in corporate wellbeing, counselling, coaching, mental health and has held senior management roles in finance and banking, health, and community welfare initiatives.
Russell specialises in motivation, strategy, work place mediation, executive coaching, goal setting, personality analysis, relationships, problem solving, depression, grief, family breakdown, drug and alcohol issues, couples and individual counselling, young people.
Specialties Work Place Mediation, Executive Coaching, Brainstorming Sessions, Goal Setting

A bit more on page 4 re Russell Workman.

Sorry, forgot to put the link in for this re read page four.http://www.magiciansway.com/newsletter/dec-08/December Silver Lining.pdf
 
Just sent the following email to Adam Hoey at Bentleys Brisbane office:

Hello Adam

Just enquiring if the payments to Octaviar creditors has/will occur as promised by today? Any update on when the statements of claim will be served on Octaviar directors and others?

Cheers
Robert Axam
Premium Income Fund investor

I'll post his reply when it is received.
 
Just sent the following email to Adam Hoey at Bentleys Brisbane office:

Hello Adam

Just enquiring if the payments to Octaviar creditors has/will occur as promised by today? Any update on when the statements of claim will be served on Octaviar directors and others?

Cheers
Robert Axam
Premium Income Fund investor

I'll post his reply when it is received.

Marcom, How is any distribution from Bentleys to be treated by Wellington. Does it go into the fund for expenses etc? If a distribution is made will this be counted towards previous distribution of two cents and if sufficient to make the grand total to three cents will this be treated as a return of capital like the rest? Therefore, can Wellington then commence to charge the .07% fee. If so where is the justification for that? Greatful for an explanation.
 
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