UK
Australia Post has signalled plans to expand financial services, but flatly rejects suggestions the organisation should become a bank. Australia Post chairman David Mortimer said that Australia Post, which began offering car insurance late last year, planned to expand into other financial services including superannuation, and was keen to offer more services for banks at its 4500 retail outlets around the country. (The Australia)
The former bank manager of Storm Financial client Helen Rubin has hit back at claims he was responsible for the loss of her life savings when the firm collapsed in late 2008. (Courier Mail)
An AXA retirement survey has revealed that only 46 per cent of Australians would support an increase in the superannuation guarantee, nearly half the level of support reported by a BT Financial Group survey released earlier this week. (Money Management)
I think that Australia Post should focus on their customer service levels rather than auxillary products to increase their revenue. For example vending machines for stamps etc to cut down the lines in the post office.