A timely needle to prick our 'ASS'es with:
http://www.theage.com.au/business/w...ctims-have-waited-long-enough-20160602-gpaey3
note the FOS paragraph:
"Over the years there have been many attempts to introduce a compensation scheme of last resort for the so-called forgotten people. ASIC raised the concept in a submission to the Financial System Inquiry and FOS has actively lobbied for a scheme of last resort."