With the business model of for-profit super looking sicker by the day and the banks and insurance companies holding those assets looking increasingly unsaleable with daily exposures by the Royal Commission the case for iam becomes even more compelling>
So it seems to me the banks and Super companies will have no choice but to fix up their companies long before they can consider selling or spinning off as now they now looking like they are sitting on stranded assets.
Or have i got this wrong?
Any other opinions
https://www.michaelwest.com.au/are-bank-owned-wealth-management-groups-a-busted-flush/
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