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Insurance
Plaintiff law firm Maurice Blackburn has slammed the Insurance inside Superannuation Working Group as an ‘ineffectual exercise’ which has given rise to serious unintended...
Superannuation
The Australian Prudential Regulation Authority has outlined key regulatory changes aimed at making it easier for superannuation fund members to opt-out of insurance....
Insurance
The insurance in super code draft has made a down payment towards the reforms needed, Maurice Blackburn believes....
Insurance
The ISWG’s draft Life Insurance in Superannuation Code of Practice requires any opt out or cessation arrangements to be straightforward and transparent. ...
Insurance
The Insurance within Superannuation Working Group is looking to establish a cross-industry standard for profit-sharing arrangements....
Insurance
The Productivity Commission has been told of the likelihood of a Code Compliance Committee with audit and sanctions powers being appointed to oversee insurance in super....
Insurance
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 ...
Expert Analysis
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...
Insurance
The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have kicked off the pilot project aimed at improving life insuranc...
Insurance
Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to...
Insurance
The Insurance in Superannuation Working Group is expected to release its first discussion paper within the next few months....
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 ...