Fri, 2nd May 2025

In this episode of the Daily Financial Services News Wrap, Paige Estritori discusses updates from the financial realm. Link Wealth is expanding its 'Beyond Schools' financial literacy program nationwide and has already educated over 300 students. In investment news, Cbus has appointed Leigh Gavin as their new Chief Investment Officer, as part of their plan to manage 50% of investments in-house over the next three years. In U.S. news, despite a business investment surge, the economy faces challenges due to inflation slowdown and slower federal spending. Finally, back in Australia, the Australian Financial Complaints Authority (AFCA) made a landmark decision favoring a homeowner in an insurance dispute with Auto & General Services, emphasizing the need for clearer insurance communication.n