I have to start with the bad news on this topic.
Are any of us surprised by the current revelations stemming from the Australian Banking Royal Commission?
Possibly not.
Are any of us surprised as to the extent of the unethical and illegal behaviours documented and admissions made by senior management into the systemic corruption of their businesses, especially in the financial planning sector?
Possibly yes.
It is utterly astounding, the admissions being made by senior management of the likes of AMP and CBA. Then comes the audacity of blaming growing shareholder returns as their excuse to exploit and deceive customers. Saying they were unaware of the corruption is ridiculous.
This happened on their watch and they let bad things happen… … read more by subscribing.

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