Congrats to SR Group for 600+ registrations for Recovery Scheme,
closed as of 20 February 2019 5 PM.
And now that it is CLOSED, perhaps SR Group could, in the interests of adding comfort
and confidence to these registrations, disclose the path they intend to take towards the recovery:
#37293115 “SR Group have identified potential avenues of recovery”.
I indicated that that path may be the anticipated compensation scheme yet to be established;
see Hayne Report post Commission proceedings and recommendations the current government
pledged to accept.
If this is the target kitty for SR Recoveries, than I simply need for this direction to be confirmed.
How hard this can be?
PIF members will appreciate this transparency as adding to their confidence of joining
this “closed group”.
Cheers,
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