In this edition of the Daily Financial Services News Wrap, Paige Estritori discusses the transformation of the financial advisory landscape by Ben Nash, founder of Pivot Wealth, through mobilizing social media platforms for client engagement. There's also ongoing unease in the Australian finance sector about the postponement of Division 296 legislation, with concerns over potential retroactive tax applications. In housing, the planned expansion of the Home Guarantee Scheme generates warnings about potential spikes in home prices and the exclusion of low-income buyers. Finally, RACQ Insurance is ordered to increase its compensation payout following mishandling of a fire damage claim from a client with a disability. Tune in for more updates with our unique reporting style.
