Fri, 27th Sep 2024

The latest episode of the Daily Financial Services News Wrap discusses various topics. First, a survey reveals that Australians are uninformed about their superannuation fund performance, with only 10% tracking their funds over the past year. This has major implications for future financial security and ends with the revelation of $17.8 billion in superannuation unclaimed across over 7 million accounts. Next, an important Federal Court decision forces policyholders to file individual claims for COVID-19 business interruption, dismissing any class-action lawsuits. Then, AAMI's driving report, using data from 4.3 million claims, highlights dangerous driving trends and emphasizes the need for safe habits. Finally, a peek into insurance giant, Tower's plans to fortify its financial footing and resilience against disasters. The podcast encourages listeners to stay informed and to utilize FinancialServicesOnline.com.au for their financial needs.