Thu, 14th Nov 2024

Financial Services News Wrap

On this episode of Financial Services Online, we discuss several key topics. Mason Stevens appoints Brad Creighton as their new head of asset allocation to enhance client solutions given the changing economy. We explore the overlooked $10,000 saving opportunity facing young Australians due to exempted super contributions for under 18s who don't meet the 30-hour work week threshold; we analyze the Reserve Bank of Australias interest rate status amidst a 3.5% inflation rate and the potentials for early cuts, thanks to slowing labor cost growth and declining output costs. Lastly, we delve into ASIC's legal action against Cbus for potential harm due to insurance claim delays, emphasizing the importance of timely claims handling. Tune in for insights on finances, insurance, superannuation, and efficient money management.

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