Insurance in superannuation has been through a tough period with multiple legislation changes affecting the product but the full impact remains to be seen....
The superannuation industry should develop a general code of practice to give guidance on how funds should act when it comes to information sharing, member enquiries, com...
Despite insurance becoming more important due to COVID-19, Treasury has not progressed with legislating universal terms and conditions in insurance within super, accordin...
While consumers have had it good for the last few years with life insurance, the loss ratio to the industry is unsustainable but the industry needs to make sure it doesn’...
There are other financial hardship programs people can access and super members need to be aware of these before tampering with their super, according to a lawyer. ...
It is not correct to say that many, if any, superannuation fund members will be left without valuable life and disability cover, according to Berrill and Watson Lawyers. ...
The fund is now the only major not-for-profit fund that does not allow members early access to super on grounds of financial hardship....
While ASIC’s TPD report is an important step to restoring consumer confidence there is still work to be done. ...
The commencement date for switching off insurance inside super for low balance accounts should be deferred to 1 October, this year, according to a leading superannuation ...
The Conference of Major Superannuation Funds has been told that the insurance inside superannuation code of conduct will become mandatory....
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 ...