The stapling proposal in the bill could undermine the available of insurance for workers in dangerous occupations, according to Cbus....
The life insurance industry needs to go through a genuine transformation around customer and digital transformation, according to a panel....
The superannuation fund stapling arrangements contained in Government legislation have laudable objectives but they also come with inherent pitfalls....
Many of the objectives of the Government’s changes to insurance in superannuation may have been laudable but one of the outcomes has been higher premiums and higher costs...
Despite insurance becoming more important due to COVID-19, Treasury has not progressed with legislating universal terms and conditions in insurance within super, accordin...
A broad-based insurance scheme should be established to separate it from superannuation which will balance member risks and improve financial outcomes, Prime Super believ...
If the current deterioration in group life insurance claims experience continues, superannuation members will be further affected by substantial increases in insurance pr...
Colonial First State has appointed Adrian Fortescue to the role, which will support superannuation members who held insurance in their super accounts....
Life insurers are continuing to struggle, according to the latest data released by the Australian Prudential Regulation Authority covering the 2020 calendar year....
Superannuation funds should review their data management practices including regular audits and training exercises to ensure data is high quality, Rice Warner believes. ...
The COVID-19 pandemic has presented challenges for Australia’s group insurers but also opportunities, according to Metlife Australia’s head of group product, Dean Mulhero...
The Protecting your Super and Putting Members’ Interest First legislation has increased the underinsurance gap in Australia as group insurance inside super has dropped 27...
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 ...