Jodie Hampshire, Managing Director, Australia at Russell Investments comments on the benefits of a scaled advice solution for consumers.

Is that the sound of the first shredding of red tape in financial services?

Formerly BlackRock’s Head of Client Business for Asia-Pacific, based in Hong Kong for five years, Andrew Landman has returned to Australia during an exceptionally interesting time for the financial services sector. We asked Andrew to comment on some of today’s key industry activities.

The COVID-19 pandemic has given rise to much reflection on the ever-present topics of execution and witnessing of documents. 

Last week, APRA published a gloomy set of quarterly numbers showing that the life insurance industry made a total net loss after tax of $179 million for the March to June 2020 quarter on individual income protection products (IP). 

Inevitably, the broadening of superannuation early release rules as part of the COVID-19 response has led us back to debating whether we should extend the existing First Home Super Saver scheme.

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