Wed, 13th Nov 2024

Financial Services News Wrap

12-11-2024 • 0 seconds

In this episode, Paige Estritori discusses several financial issues, starting with Ian Fryer's concern about retirees missing out on vital advice due to the cost of advisory services. Fryer suggests digital solutions for more affordable financial support. Prime Minister Anthony Albanese's proposal to reduce student debt by 20% is also discussed, along with The Greens' more radical ideas, such as full debt cancellation and free university education. Additionally, the episode covers the expected impact of AI technology in the insurance sector, with two-thirds of insurers intending to implement AI in the next two years. Lastly, the episode brings up recent governance issues at Mineral Resources Limited that have led HESTA to elevate its engagement protocol, emphasizing the need for swift resolutions to maintain investor confidence.

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