First we find out that that Perpetual Custodians was in fact...

First we find out that that Perpetual Custodians was in fact just a useless facade and operated simply as a glorified postal and registration service

Now we are informed the highly touted insurance policy with Lloyds ,which was supposedly in place to protect our investment, is not worth a Red Razoo.

It appears there is no end to the deception and deceit. of those who were entrusted to manage our money