The Federal Court has ordered MLC Limited pay a $10 million penalty for failing to pay promised benefits, resulting from a lack of appropriate systems to administer its i...
It is likely there will be increased personalisation of superannuation funds as members demand the same type of service provided by their bank....
Research from MLC Life Insurance has revealed 60% of superannuation members have never heard of the superannuation stapling reforms, potentially leaving them with inadequ...
For the industry to solve concerns over insurance tied to stapled funds, it must address two different elements to the issue, according to MLC Life. ...
Commencing in August, Andrew Beevors will take over from Jane Dorter who has been on secondment since April 2020. ...
Michael Rogers will replace the outgoing Sean McCormack, commencing later in the month....
The latest data from Dexx&r has confirmed the degree to which the Government’s Protecting Your Super measures have adversely impacted group insurance premium flows. ...
MLC Life has won the TelstraSuper group insurance mandate ending the fund’s relationship with TAL Life....
Zurich has reasserted itself in the group insurance space via its OnePath acquisition picking up the Qantas Super mandate....
The Workplace Gender Equality Agency has recognised HESTA, AustralianSuper, First State Super, Suncorp, TelstraSuper and Cbus as Employers of Choice for Gender Equality....
MLC Life Insurance has bolstered its focus on customers with the appointment of a chief customer experience officer. ...
Group insurers appear to have moved beyond the volatility which challenged the sector four years’ ago with premiums hitting a plateau....
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 ...