Sat, 17th Aug 2024

In this episode of the Financial Services Online podcast, Paige Estritori discusses a range of issues from cybersecurity to retirement funds, stock market news, and the challenges faced by small Australian businesses. The Australian Prudential Regulation Authority (APRA) is pushing for insurers to bolster cyber defenses due to increasing threats. There was also emphasis on APRA deputy chair Margaret Cole's call for collaboration between funds and insurers to meet Retirement Income Covenant obligations. In stock market news, the Australian share market is thriving, influenced by positive US economic statistics. However, concern has been raised over the state of small businesses, with almost half struggling to break even leading to calls for increased support. Overall, the podcast deep dives into the financial landscape, providing insights on a range of financial topics. Stay tuned for more updates.n