Tue, 12th Aug 2025

In this episode of Daily Financial Services News Wrap, Betashares steps into the private assets sector with the launch of Betashares Private Capital, aiming to provide high-quality global investments. They plan to collaborate with Cliffwater to offer an AUD-hedged unlisted fund. The Financial Advice Association of Australia is addressing the need for specialized advisors, expanding its specialisation program to include estate planning, retirement, and more. The Australian Treasury calls for superannuation trustees to take an active role in retirement income solutions. Internationally, the Australian dollar is facing pressure due to tariff-induced volatility and inflation fears. Uncertainties such as higher tariffs, rising airline fares, and increased core personal consumptions are affecting the financial stability. Experts advise caution in these times. News updates are available on the Financial Services Online website.n