On this episode of Financial Services Online, we discuss key changes in Australia's financial sector. Rest Superannuation welcomes former Qantas Super CEO, Michael Clancy, as Chief Investment Officer, aiming to expand its strategic vision with his leadership. Bell Financial Group's Arnie Selvarajah urges the transformation of Australia's pension-dependent wealth management system, using technology and personalized services to promote financial independence among retirees. The Australian Prudential Regulation Authority extends its performance test remit to include managed accounts, ensuring trustees align offerings with members' financial interests. Internationally, the financial markets react cautiously to the new U.S. tax legislation, with minor fluctuations witnessed across the ASX200 index and other global indices. Stay tuned for the latest from Australia's financial sector.n
