Link: “Queensland's Public Trustee accused of profiting off people who lack capacity to manage own affairs”
“Certainly we see people who have gone in asset-rich and within a couple of years, those assets seem to have been dwindled away on fees and charges, and that’s really concerning,” Mr Rowe said.
“We see people who have been surviving on a pension, and managing to save, and have been doing that over a number of years.
“They’ve then gone under the control of the Public Trustee, and due to the fees and charges, they’ve ended up with no resources, with no savings.”