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 influence on the superannuation sector is also discussed, with forecast impacts on insurance policies and industry debates over the use of testing in life assurance. Additionally, the financial woes of Sydney Beer Co shed light on challenges facing Australian beverage companies, with potential implications of beer tax increases. Lastly, a landmark property insurance case, resulting in a win for property owners, indicates potential precedents for future disputes. Stay tuned for all your finance, insurance, superannuation and money management needs.
