TAL has partnered with Bendigo Wealth to provide trustees that use Bendigo Wealth's new "one-stop-shop" for self-managed super fund (SMSF) administration.
Trustees can access TAL's Accelerated Protection life lnsurance through using the new administration platform.
"SuperAstute gives trustees and advisers access to TAL's award-winning Accelerated Protection life insurance product range within a best-of-breed online SMSF administration service, providing customers with comprehensive cover and premiums deducted directly from their SMSF," said Brett Clark, CEO, Retail Life at TAL.
The insurance company has joined this year’s awards as a principal partner.
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”.
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent.
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insurance against the enshrined objective of superannuation.