Class action, page-25

big changes needed to protect investors in future.
too many conflicts of interests.
no incentive for bank or institution to dobb in a dodgy advisor/planner.
anyone found to have breached the rules should be suspended from practising until a independant third party body fully investigates any matter.
we now have the situation of bankscould have been giving out liar loans for years and quality of loan book now under the microscope should we have a gfc or other financial crisis,probably explains why banks getting shorted

what will come well maybe more useless regulation, tighter credit, higher interest rates 2019/2020 slap on wrist fines.
financial undertakings havnt worked and maybe a few bad apples will do a couple of years in the slammer and be be banned for 5-10 yrs

those at the top cant escape the reputational and brand damage
carrer ending.
going forward i see lower asset values and reduced divis .
we havnt had a recession for over 25yrs and we are probably overdue people taken on too much
debt now learn lesson about risk/reward hard way
wealth is not lost its merely transferred from inpatient to patient investor