Wed, 23rd Jul 2025

In today's episode of the Daily Financial Services News Wrap, host Paige Estritori discusses major updates in the financial sector and tech industry. Microsoft faces backlash following a significant security breach in its SharePoint software, primarily impacting the 2016 version. Microsoft encourages clients to apply security patches while they address the issue. Betashares sets financial records with the launch of Trillia Wealth Partners, kickstarted with an $8 billion management following a merger InvestingSense. Trillia aims to enhance financial guidance available to Australians. Elsewhere, AMP Limited sees positive net inflows into its superannuation funds for the first time since 2017, marking a pivotal moment in its recovery. Lastly, the Australian government proposes to standardize green investment labels on investment products, a move forecast to curb greenwashing, and provide consumers with clarity in their sustainable investment decisions. Stay updated with the world of finance at financialservicesonline.com.au.