ASIC has confirmed that both it and APRA are scrutinising so-called ‘profit sharing’ arrangements between insurers and super funds....
Redesigning insurance products in superannuation to fit more around member characteristics could address potential affordability concerns, Rice Warner believes....
The Superannuation Complaints Tribunal has reinforced the need for funds and insurers to ensure medical assessments are pertinent to TPD claims....
The chair of the Insurance inside Superannuation Working Group, Jim Minto, has acknowledged Government help may be needed to address the issues of multiple accounts and ...
The Productivity Commission’s findings on insurance within superannuation will inform the Government’s future policy on maintaining the current ‘opt-out’ regime....
Mike Taylor writes that superannuation funds have found themselves dragged into the spotlight which has been focused on the perceived shortcomings of the life/risk sector...
The Superannuation Complaints Tribunal has determined that 105 days represents an unreasonable delay for an insurer to deal with a TPD claim....
A superannuation fund member who relied on a financial planner’s slideshow to pursue an insurance claim has been told to pursue the planner, not the fund....
The Australian Securities and Investments Commission has flagged that it will soon table a report identifying issues impacting insurance within superannuation....
Group risk inflows have levelled, decreasing by 0.3 per cent over the 12 months to March on the back of premium repricing, according to DEXX&R....
The Breast Cancer Network of Australia has warned against making insurance within super ‘opt-in’ pointing to the problems already encountered by super fund members suffer...
Kinetic Super has upgraded its insurance offering, including introducing a low-balance switch-off....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...