What is the industry forecasting for the RBA?; AFCA complaints surpass 100k in 2023

Industry commentators have shared their thoughts on when the RBA will hike interest rates next, and whether Australia will follow other countries and embark on monetary easing this year.

AFCA’s chief ombudsman David Locke has stated the magnitude of complaints received by the body is growing at an “unsustainable rate” and urged companies to improve their internal resolution processes.

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With two active wars and a busy global electoral cycle looking to shape the global economy in the next 12 months, Lazard has warned of a “bumpy ride” ahead.

The estimated sum for the initial Compensation Scheme of Last Resort levy has been calculated, with the regime expected to start receiving claims in April.

With nearly half of financial advisers providing responsible investment advice, ESG questions are becoming a fundamental part of the client discovery stage.