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 leading Australia's housing market resurgence with strong auction clearance rates and lead in national price recovery. Lastly, we touch on the insurance sector where QBE Insurance's right to reverse a payout due to fraudulent claim activity was upheld, reminding of the need for honesty in insurance claims.
