Sat, 28th Jun 2025

In this Daily Financial Services News Wrap, we discuss key industry shifts. The 2025 Global Investor Insights Survey by Schroders showed a growing preference for active investment strategies, with 80% of global investors intending to increase their actively managed investments. The Australian Financial Complaints Authority (AFCA) aims to clarify classifications of self-managed super funds (SMSFs). Western Australia's Treasurer, Rita Saffioti, has committed $1.4 billion to tackle housing market issues, although some critics argue this won't be enough to manage soaring housing prices and rental shortages. Lastly, the AFCA has supported RACQ Insurance's decision to deny a suspicious claim, highlighting the necessity for honesty in the insurance sector.n