Fri, 1st Nov 2024

In this episode of Financial Services Online, Paige Estritori brings the latest updates from the financial industry. She discusses the Australian Prudential Regulation Authority's (APRA) decision to relax operational risk reserve requirements for major superannuation funds which could enable funds like AustralianSuper to enjoy increased financial flexibility. The episode also covers recent insurance incidents - a Perth gym owners sentencing for insurance fraud and a denied claim due to vehicle negligence. Lastly, it delves into safety issues concerning remote work and how a tribunal ruling in favor of a remote worker emphasizes the need for improved home working safety protocols. The podcast closes with a reminder about the importance of staying informed for wise insurance, finance, and superannuation management decisions. More details are available on their website.