From FI to OTC: The Impact of APRA’s Phasing Out of Bank Hybrids
In this Finextra TV interview from the Communify Intelligence Experience in Miami, Patrick Salis, CEO, AUSIEX explores the phasing out of bank hybrids in Australia and how this impacts investors. Salis explains that bank hybrids were a desirable way to transfer retirement income and when the APRA decided to discontinue this, it had a huge impact on the market with many consequences to follow. The discussion follows on to discuss less risky options, particularly fixed-income bonds. He explores wh...
Original Source
Read the full article at Finextra →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.