Source: News Formal (newsformal.com)
I think they are intended consequences. Welcome to the jungle Mr Chairman.
Interesting how it’s OK for ‘My School’ websites, NAPLAN comparisons and HSC league tables for schools but it’s not OK for banks to be exposed to a “best in show” list. Welcome to the world of school education Mr Chairman.
AMP .. bleating ? Hahahahaha! That’s rich
Well, they would say that, wouldn't they.
daveyk317 Then super funds better get their act together & above board
AND how is that DIFFERENT to past BAD performance. Unintended ' Consequences ' extraction of deposits. creaming off the TOP. THEFT. Overcharging inventing Charges, Fees, Costs, administration of fraud & compliance
Then rank them on the fees they rake off of customers Over the long haul, this is the best predictor for performance.
After the Royal Commission into Banking why would anyone listen to anyone from AMP on any topic but how to defend criminal charges
Sounds like AMP suspect they are unlikely to trouble the scorers for top 10
AMP ripping off Aussies since they were founded. I doubt this will ever change!
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AMP collecting $100m a year from inactive 'zombie' accounts | Sky News AustraliaFinancial services company AMP has been collecting more than $100 million in fees every year from inactive 'zombie' superannuation accounts.\n\nThe firm, plagued by scandal in the banking royal commission, is made up of more inactive accounts than active ones.\n\nIt matches Productivity Commission estimates that a third of all super accounts are unintended multiple accounts.\n\nThe government is now working to return lost savings to Australians under a 'Protecting Your Super Package'.\n\nEfforts to pass the plan have so far been thwarted by super funds seeking amendments.\n\nImage: News Corp Australia\n\n\n\n\n\n\n australian michaelpachi 😂😂😂😂😂😂😂😂😂😂😂😂 australian michaelpachi Where's PeterGleeson63? australian michaelpachi How are they framed as better economic managers when all this material is as a result of Royal Commission they fought tooth and nail to prevent. A good economic manager wants the unvarnished truth so they can deal with reality...right now Libs are deluded
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Bank shares skyrocket the morning after the release of the final reportABC's Peter Ryan has been watching the share market reaction where bank shares have rocketed the morning after the Hayne report. Banks including AMP, Westpac and the NAB are up from 5-9 per cent. Peter_F_Ryan That’d be right! Slap on the wrist then business as usual. This has to change! Peter_F_Ryan ....they should pay the ceo a fat bonus, they have managed this institutions like a well oiled machine, maybe they can print some money out of thin air and buy back some stock Peter_F_Ryan When they saw there would be no consequences...
Source: abcnews - 🏆 5. / 83 Read more »
AMP profit and dividends slashed as scandal costs mountAMP investors are warned to brace for a 96 per cent slump in profit and massive dividend cut as the costs of the scandals exposed in the banking royal commission continue to mount. Thieves About time these bosses went to jail and their assets seized.
Source: abcnews - 🏆 5. / 83 Read more »
Four steps to building wealthAt the end of the day, building wealth is relatively simple: earn good money, save and invest. But there’s a fourth step millionaires often take. To earn good money you need to be able to get a good job or opt for a life of crime Offshore tax havens? not a chance if you’re a family living in Sydney...
Source: smh - 🏆 6. / 80 Read more »
Australia's rich getting richer, with billionaires' wealth rising $160b in one yearAnother record increase in the number of billionaires in Australia, from 33 to 43, sees their combined wealth climb to almost $160 billion last year, according to an Oxfam report. Not all Australians - in fact just a very few! Governments exist to make sure this happens. That's why they have so many weapons.
Source: abcnews - 🏆 5. / 83 Read more »
'David beats Goliath': Macquarie rink redevelopment on thin iceAMP Capital has backed away from a controversial shopping centre upgrade for more community consultation. See this outstanding offer - AMP has sold off d corner car park next to Macq uni station Were it not for d slumping units market d ice rink would have gone Without d ice rink Macq Park'd be a STERILE place full of units towers as it has Metro station Developers do crazy when a train station is nearby
Source: smh - 🏆 6. / 80 Read more »
Wealth managers' remediation costs set to soarAustralia's six big wealth managers currently have provisions for about $2.6 billion to fix the scandals that have emerged from the banking royal commission. That could be woefully inadequate.
Source: abcnews - 🏆 5. / 83 Read more »
Macquarie Centre to keep Olympic-sized rink as developer caves inPut the champagne on ice: Macquarie Centre to keep Olympic-sized rink after community outcry | gmaddox gmaddox Woo! Time to go and break another knee!
Source: smh - 🏆 6. / 80 Read more »
Big banks could face criminal charges after Royal CommissionTwenty cases have been referred for criminal or civil charges after atrocious conduct, including the charging of dead people, was uncovered. RC needed bank sales staff on stand to let all know how much pressure they r Under to reach unrealistic sales targets and how if they don't they risk losing job. Forces good ppl 2 b tempted 2 do wrong thing to save job! It has always been safer to be a bank robber from the inside! Australians in jail for shoplifting while mega rich bank thieves are promoted as pillars of the community. I hardly doubt we’ll see any of these scum bags do time? Oh bullshit
Source: 9NewsAUS - 🏆 10. / 72 Read more »
A woman who studied 600 millionaires found how rich you can get comes down to six 'wealth factors'There are six key characteristics you find in millionaires, says researcher. 1-6 exploiting ppl And they're all hereditary What BS 1 is choose rich parents 2 have no ethics 3 kiss the right arse
Source: smh - 🏆 6. / 80 Read more »