FSC introduces life insurance standard in super

The Financial Services Council has commenced operation of an enforceable standard for handling group life insurance claims in superannuation.

Chris Haynes, head of equities at Equity Trustees Asset Management, says the full impact of RBA rate hikes is yet to be felt and there may be stockmarket bargains to pick up.

The speed and aggressiveness of central bank hikes is concerning State Street Global Advisors as it believes the world is on the brink of overtightening and 2023 will continue to be volatile.

High yield could be seen as a relatively lower risk option on an eventual recovery ahead of equity returns, says a top investment executive.

The collapse of crypto giant FTX has renewed calls for greater regulation of digital assets and the role of financial advice.