Hopefully they’ll all be scrambling for solutions which aim to improve their public image, regain public trust and of course are compliant. The revaluations through the Royal Commission have done a lot damage to public perception of the big 4 +AMP and the financial planning industry.
They’ll all be looking at solutions to reassure their current and future customers. Hopefully IAM will tick many boxes for the banks and customers. Hopefully it’s not just CBA sniffing around at the moment. Now that it is public knowledge about the CBA pilot, surely the others don’t want to be left behind (if a takeover) or lose a competitive advantage to CBA (and their clients). The compliance issue alone should be enough to tempt the others!
Go IAM. It’s your time to shine!
Banking Royal Commission, page-6
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