Listen "Wed, 2nd Apr 2025"
Episode Synopsis
This episode of Financial Services News Wrap discusses key happenings in the finance industry as of April 2nd, 2025. Firstly, Talaria Asset Management enhances its commitment to compliance by partnering with Equity Trustees to manage three global equity funds. In the superannuation sector, AustralianSuper faces a lawsuit from ASIC over substantial delays in processing death benefit claims, urging industry-wide reform. The podcast also covers potential rate cuts by the Reserve Bank of Australia due to a softening Australian inflation, which can potentially stimulate the economy. Finally, transparency in the insurance sector is highlighted following the Supreme Court of New South Wales fining Allianz Australia Insurance and AWP Australia for misleading consumers - emphasizing the crucial role of compliance and consumer trust in the industry.
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