Wed, 17th Sep 2025

In this episode, Paige Estritori of Financial Services Online discusses key takeaways from the financial sector. Insights from Russel Investments 2025 report suggest that while clients value advice that assists with financial control, advisers often overlook this fact. The need for personalized financial advice, similar to fitness training, is emphasized. Regulatory changes in Australia, including ASICs Instrument 2025/234, have sparked discussion about refining financial advice regulations and improving consumer education. The Reserve Bank of Australia reports cost-of-living increases due to Covid's economic impacts, but predicts faster wage growth than pricing increases due to tax cuts and low interest rates. Also, ASIC has granted regulatory relief to general insurance providers until August 2027, nurturing competition within Australia's insurance market. Stay tuned for more updates about daily financial news.