Financial Services News Wrap

In this episode, Paige Estritori discusses several key themes in Australian financial services. Firstly, the rapidly growing popularity of managed accounts among advisors, fueled by regulatory changes, advisor transitions, and the rise of model portfolios enhancing efficiencies. Cyber threats to superannuation funds prompt calls for stricter cybersecurity regulations from the Australian Prudential...

In this episode, Paige Estritori discusses updates in the Australian financial services sector. Topics include the rise of managed accounts capturing 25% of client flows, with BlackRock contributing $6.5 billion. Changes in regulation and adviser migrations, model portfolios, and ESG considerations have accelerated this transformation. Cybersecurity challenges are also noted, with the Australian P...

In this Financial Services News Wrap episode, Paige Estritori discusses significant financial upheavals caused by recent Trump tariffs, shaving 3.9% off Australias ASX 200 and resulting in a $90 billion loss in Australian superannuation. In response, the Reserve Bank of Australia is expected to cut interest rates by 100 basis points this year. This could potentially increase property market activi...

In this episode, Paige Estritori covers the major financial news. AMP expands investment offerings by integrating Innova Asset Management, AZ Sestante, and Watershed Funds Management into its North platform. It also collaborates with Betashares for Australia's first Moderately Geared Managed Account Portfolios. Fortitude Investment Partners acquires a majority stake in ASF Audits, augmenting its f...

In this podcast, Paige Estritori provides a daily financial services roundup for April 6th, 2025. Major updates include AMP's strategic expansion in partnership with Innova Asset Management, AZ Sestante, and Watershed Funds Management, as well as its strengthened alliance with Betashares. AMP's move come in the wake of increasing demand from advisers for innovative investment choices. In the finan...

In the financial news, AMP has expanded its North platform by integrating Innova Asset Management, AZ Sestante, and Watershed Funds Management. AMP has also launched Australia's first geared retirement series in collaboration with Betashares, reinforcing the availability of affordable equity market access. Fortitude Investment Partners have gained a majority stake in ASF Audits, the largest indepe...

In this episode of the Daily Financial Services News Wrap, we discuss some major moves in the finance and insurance industry. AMP is expanding its North platform, integrating Innova Asset Management, AZ Sestante, and Watershed Funds Management, and launching Australia's first geared retirement series, in partnership with Betashares. In acquisitions, Fortitude Investment Partners procures a majorit...

In this episode, Paige Estritori of Financial Services Online discusses key financial stories shaping Australias economy. Topics include staggeringly slow wage growth resulting in decreased homeownership rates for young Australians, concerning practices in the superannuation industry where fees are charged even after a member's death, an ongoing recession with a decrease in household consumption d...

This episode of Financial Services News Wrap discusses key happenings in the finance industry as of April 2nd, 2025. Firstly, Talaria Asset Management enhances its commitment to compliance by partnering with Equity Trustees to manage three global equity funds. In the superannuation sector, AustralianSuper faces a lawsuit from ASIC over substantial delays in processing death benefit claims, urging...

In this podcast, Paige Estritori from Financial Services Online discusses key financial updates for April 1st, 2025. Transformations in the Australian financial planning domain augur well for client satisfaction and advice delivery, with influential advice platforms expected to negotiate superior pricing with fund managers. Genetic testing has minimally affected superannuation insurance policies a...

In this podcast, Financial Services News Wrap addresses the technological evolution in financial planning, focusing on recent discussions at the 2025 Conference of Advice, Wealth, and Super: Rewired. Industry leaders discuss improvements via advice platforms, promising better pricing and efficiency. Next, the podcast explores the uncertain impact of genetic testing on the superannuation sector and...

In the latest financial news, tech giants are starting to exert influence in Australia's financial planning sector, with advice platforms set to transform financial management, leading to better pricing from fund managers. News from Australia's superannuation sector suggests minimal impact from genetic testing on insurance policies, despite potential effects on 900,000 policies. Sydney Beer Co, co...

In this episode, Paige Estritori provides a daily update on key Australian financial headlines. Emphasizing technology's integral role in financial planning, a significant shift is predicted within the wealth management sector. Industry leaders discuss use of advisory platforms for negotiating superior rates with fund managers and data integration partnerships with tech firms. Genetic testing's in...

In this podcast, Paige Estritori discusses the future of financial planning in Australia, highlighting the potential of technology to enhance investment advice delivery. Paul Barrett, the CEO of AZ-NGA Group believes that advice platforms will revolutionize the industry and ensure more effective negotiation with fund managers. Meanwhile, genetic testing's impact on superannuation insurance remains...

On this episode of Financial Services News Wrap, host Paige Estritori discusses judgements in the Environmental, Social, and Governance sector, with a particular focus on Active Super's $10.5 million fine for misleading claims. The Australian Consumer Price Index's shortfalls and its impact on the economy are also highlighted. Estritori details consumer advocacy groups' concerns about Australian i...

In this episode of the Daily Financial Services News Wrap, Paige Estritori brings up discussion points about financial fitness sparked by a millionaire's 'living within one's means' advice. She highlights the importance of tailored financial guidance for tackling diverse situations. The conversation steers to Australia's attack against greenwashing in finance, following a $10.5 million fine impose...

This Financial Services News Wrap discusses Perpetual's AU$60m investment in the UK's Osmosis Resource Efficient Core Equity Fund, positioning their dedication to sustainable investing. It covers the upcoming 2025-26 Federal Budget announcement and Viridian Advisory's pre-budget survey indicating concerns over superannuation, aged care, and cost-of-living pressures. The Australian Securities and I...

In this episode of the Daily Financial Services News Wrap, we discuss significant investments by Australian manager, Perpetual in UK-based Osmosis' sustainability-focused fund. In other news, Viridian Advisory has shared clients' concerns about potential superannuation changes in the upcoming Federal Budget for 2025-26. Despite concerns, 96% of advisers will keep assets steady post-Budget. In the...

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses various facets of the financial market in Australia. In the investment sector, a trend towards niche private markets among institutional investors is evident with unconventional private credit opportunities becoming popular for their potential for stable income and diversification. In insurance, concerns surroundi...

In this episode, Paige Estritori of Financial Services Online discusses Australian institutional investors targeting niche private markets, with three out of four aiming to increase their allocations in the next five years. Key areas of interest include private credit opportunities such as NAV lending and asset-backed securities. However, the superannuation landscape faces challenges due to regula...

In this episode, Paige Estritori presents key Australian financial updates. First, 75% of Australian investors are boosting allocations in unconventional private credit markets, beyond the 66% global average. These span from NAV lending to asset-backed securities and provide steady income channels. Superannuation insurance is under threat due to affordability and policy changes limiting default of...

In this episode, Financial Services Online covers major financial news, including the unveiling of a comprehensive guide by the Financial Advice Association Australia aimed at helping young Australians entering the workforce. It also discusses the Australian Securities and Investments Commission's crackdown on the misconduct of self-managed superannuation fund auditors. The episode continues with...

On this episode of Financial Services Online, we discuss a guide from the Financial Advice Association Australia aimed to help young Australians navigate the workforce. It covers everything from job acquisition to understanding payslip complexities. There's also an update on the Australian Securities and Investments Commission's crackdown on non-compliant superannuation fund auditors. Meanwhile, t...

This episode of the Daily Financial Services News Wrap with Paige Estritori delves into managed account trends, a global retirement savings crisis, Australia's vibrant housing market, and a significant ruling at the Australian Financial Complaints Authority. Australian advisers increasingly utilize managed accounts, tripling their usage over the past decade, with a keen focus on performance and pl...

On this episode of Financial Services Online, we discuss the growing preference for managed accounts among Australian and U.S. financial advisers, with projections showing advisor adoption could reach up to 75%. We also cover alarming research from Amundi Investment Institute: a global retirement savings crisis looms due to behavioural challenges and lack of awareness. We report that Sydney is lea...