VIDEO: RWA sues companies linked to ex-CEO’s husband
RWA sues companies linked to ex-CEO’s husband
Margaret Thomas stands down as CEO of RWA
Margaret Thomas ceases her role as the CEO & CFO of Retirees WA.
The Board’s official statement in July 2024 says “Margaret Thomas left her position with Retirees WA as Chief Executive Officer and Chief Financial Officer on the expiry of her Services Agreement on 28 February 2024.”
RWA takes out Mortgage on Geraldton Lighthouse Estate
RWA CEO Margaret Thomas, and Board President Lois Jones, have authorised a mortgage over the RWA-owned property Lighthouse Estate Village located at Bluff Point in Geraldton. The mortgage is held by Samson Homes, a company owned by Frank Pinner (Margaret Thomas’ husband). Samson Homes is the designated developer-builder for the Lighthouse Estate Retirement Village.
Shane Bradley employment terminated at RWA
Kelly Bradley ceases employment at RWA
Geraldton Retirement Village plan approved
Per the 2011 AGM minutes, “plans have been approved for the construction of 45 units at Bluff Point in Geraldton and RWA has been granted the road reserve adjoining this land to be incorporated into the grant”.
This retirement village development is to be built by Frank Pinner (Margaret Thomas‘ husband), with the lease-for-life contracts to be sold on RWA’s behalf, by Frank Pinner’s company RWA Homes.
This development is later named “Lighthouse Estate“. As of mid-2024 only 24 villas in the estate have been completed.
Shane Bradley employed as Property Manager at RWA
Kelly Bradley employed as Project Manager at RWA
RWA Lease sales management outsourced to RWA Housing
Margaret Thomas formally appointed CEO of RWA
Sue Hiddlestone resigns as CEO of RWA
At the 2006 AGM, Sue Hiddlestone announced her intention to retire from the CEO position in April 2007. There is conflicting information available as to when Sue actually stood down, indicating Margaret Thomas was acting CEO for a portion of 2006 until her formal appointment in January 2007.
RWA headquarters relocates
RWA Committee concerns over Roger Nicholls & Frank Pinner financial dealings
An article titled “Retirees in dark over loans” is published in the West Australian. The article highlights concerns over the $1.8M loan from the Retirees WA Funeral Fund to a company owned by Roger Nicholls and Frank Pinner (husband of Margaret Thomas), used for the purchase of a property in East Victoria Park which Retirees WA now leases office space in.
The article also highlights concerns from the RWA Finance Committee Members that Roger Nicholls is in control of the organisation and decisions are being made outside of the committee and outside of constitutional due process.
RWA Finance Committee demands details of $3.4M loans to Roger Nicholls & Frank Pinner
An article titled “Deals with ex-MP start revolt” is published in the West Australian. The article reports that Retirees WA Finance Committee Members were demanding to know the details of $3.4M of loans and investments the RWA Funeral Fund had paid to private company ventures of Roger Nicholls and Frank Pinner (husband of Margaret Thomas).
The Members were especially concerned that such substantial investment had been made at the same time RWA reported cash-flow problems, being forced to sell their CDB headquarters and make staff redundant.
Roger Nicholls & Frank Pinner conflict of interest exposed
RWA Housing employed as RWA sales manager
Margaret Thomas appointed CFO of RWA
