In this episode, Paige Estritori discusses recent developments in Australia's finance sector. She addresses new regulations from the Retirement Income Covenant pressuring superannuation fund trustees and explains the scrutiny from regulators like APRA and ASIC on compliance. She also discusses Centuria Capital Group's strategic expansion in the property debt market, despite a slight profit reduction. A report from Principal Asset Management points to a precarious period for the US Federal Reserve as it seeks to avert financial instability and price rises with careful easing of monetary policies. Lastly, the podcast covers proposed tax reforms on federal judge pensions, which have raised concerns within the Law Council of Australia fearing a potential undermining of judicial independence. For more updates on insurance, finance, superannuation, and money management, visit financialservicesonline.com.au.
