In this episode of the Daily Financial Services News Wrap, host Paige Estritori discusses crucial financial advice reforms, increasing industry concerns, and calls for swift conclusion from stakeholders. Problems such as rising Compensation Scheme of Last Resort levies and Quality of Advice Review aspects remain unresolved. In the superannuation sector, the surge in APRA levy over the past decade is cause for concern, as it potentially impedes the market competition and decreases innovation. Analysis extends to real estate investors increasingly finding value in Commercial Real Estate debt investments. Lastly, the need for reform in the insurance sphere is highlighted, with recommendations for ensuring timely claim updates and enhancing protection for small businesses. For comprehensive coverage of the financial sector, from superannuation and finance to insurance and money management, stay tuned to the Daily Financial Services News Wrap.n
