Thu, 22nd Aug 2024

In this episode, Paige Estritori discusses key financial services developments. Topics include the annual life insurance CEO roundtable by APRA focusing on innovative longevity solutions for retirees, the industry is making strides in boosting financial literacy and engagement. APRA and insurance executives recognize the need for aligning services with the growing needs of retirees. The podcast also covers ASIC's efforts to prevent fraud and protect Australians from scams, shutting down an average of 20 fraudulent investment and cryptocurrency websites daily. A partnership between Transmit Security and Wrkr aims to bolster Australia's superannuation funds against cyber threats. Lastly, the Insurance Council of Australia calls for government action to handle a 73% surge in weather-related claims, affecting industry profits. For more, tune into Financial Services Online.n