This episode of the Financial Services Online News Wrap, hosted by Paige Estritori, covers important developments in the financial sector. Key topics include streamlined regulatory processes in the superannuation sector, focusing on the importance of simplification to integrate the financial accountability regime into day-to-day practices. The podcast also discusses the revitalization of financial advising post the Hayne Royal Commission, with an increase in advisor dedication and profitability which boosts public trust. However, worries over capital shallowing as investments in business, infrastructure, and housing grow slower than population were highlighted, indicating the need for strategic planning and technology adoption. Finally, issues surrounding HESTA's six-week service disruption were examined, emphasizing the need for reliable communication to ensure member confidence.n
