Listen "Sat, 2nd Mar 2024"
Episode Synopsis
In this episode of the Daily Financial Services News Wrap, justice was served for rural homeowners when HDI Global Specialty was directed to pay $42,000 for substandard roof repairs after initial reluctance. In property investment, contrary to fears of investor retreat, mortgage commitments have risen by 20%, revealing a complex rental landscape. Research shows that Australians accessing superannuation funds early due to pandemic policies could face significant retirement shortfalls, potentially costing taxpayers up to $85 billion over the coming decades. Lastly, ClearView Wealth's single-focus strategy led to an impressive 32% growth in underwriting profits, aiming to achieve a $400 million-in-force premium within the next three years. For more financial news and insights, visit financialservicesonline.com.au.n
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