Mon, 16th Dec 2024

16/12/2024

Listen "Mon, 16th Dec 2024"

Episode Synopsis

In this podcast, Paige Estritori from Financial Services Online discusses key financial updates from Australia. The Australian Securities and Investments Commission reported that term life insurance was a major cause of customer complaints in the last financial year, accounting for 41% of grievances. However, half of these were resolved on the same day and 75% within eight days. A YouGov survey indicates a rising interest among 18 to 43-year-olds in superannuation funds due to rising living costs. An interesting shift at the Australian Securities Exchange saw a decrease in listed companies and a halving of IPO funds. Plus, a story from car insurance highlights the importance of policy understanding to avoid voided claims due to neglect. Paige wraps up encouraging listeners to stay tuned for more industry updates.

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