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Episode Synopsis
The latest episode of the Daily Financial Services News Wrap covers key developments in the financial services sector. ClearView Wealth's strategic decision to focus on life insurance yields growth, with their market share surging to 10.9%. Meanwhile, the Association of Superannuation Funds of Australia voices concern over issues arising from bequeathing super to charities. In legal news, the Victorian Supreme Court caps legal fees in the class-action lawsuit against Insurance Australia Group, signaling a shift towards fairness. Lastly, ANZ Bank is set to acquire Suncorp Bank, with observers advising vigilance over possible rate changes. The podcast wraps up with a reminder that Financial Services Online provides all necessary information on insurance, finance, superannuation, and money management.n
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