Tue, 5th Nov 2024

This podcast hosted by Paige Estritori delivers essential financial sector updates. Topics discussed include the Australian Competition and Consumer Commission's call for collaborative and comprehensive solutions on insurance affordability in response to climate risks. In New South Wales, the government launches a taskforce against Service NSW's unauthorized fee surcharging as the Independent Commission Against Corruption and the NSW Ombudsman investigate this issue. The merger of CareSuper and Spirit Super creates Australia's 14th largest super fund, managing a $53 billion portfolio. Lastly, the podcast explores public trust in AI for financial decisions, noting skepticism, demographic variables in trust levels, and the need for blending AI with human skills. For detailed information on these topics and more, visit financialservicesonline.com.au.