Insurance in superannuation has been through a tough period with multiple legislation changes affecting the product but the full impact remains to be seen....
While the last two years have been challenging for the superannuation industry, there is more to come in 2022 and super funds will need to rise up to the challenge....
Data from the prudential regulator has found members of underperforming super funds are not moving in significant numbers, despite receiving communication about the perfo...
While funds under management has grown, it has acknowledged the poor performance in the inaugural Your Super, Your Future performance test....
Administration fees on Choice products are 40% higher than for MySuper products, according to the regulator, with a $100,000 balance paying $391 per annum....
After poor results in the inaugural Your Future, Your Super performance test, the appointment came with the aim to have both MySuper products performing in the top quarti...
Stakeholders are invited to make submissions to a consultation into occupational exclusions in default insurance offered through MySuper products....
The release of today’s Your Future, Your Super performance test results are an “important first step” but many superannuation funds holding millions in assets are still e...
Member communication required to be sent out by underperforming funds doesn’t take into consideration the full product and could lead to members losing appropriate insura...
The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....
The council has proposed to prohibit terms in MySuper group life policies that could cause a claim to be declined in default group life insurance in superannuation on the...
The changes aim to enable members transition to lower-risk investments and increase their exposure to market gains. ...
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 ...