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TPD
Insurance
Super funds could face legal problems once group insurance for inactive accounts is switched off on 1 July, as members who were unaware they were losing their cover may s...
Superannuation
Industry Super Australia worked right up until the last moment to warn the Productivity Commission of the consequences of workers being defaulted into one superannuation ...
Insurance
The Financial Planning Association has urged the Government to ensure that total and permanent disability insurance remains opt-out for superannuation fund members....
Insurance
The Actuaries Institute has expressed concern that the average delay in superannuation funds and their insurers dealing with total and permanent disability claims is two ...
Insurance
ASFA has found that while receiving an insurance payout is not a rare event under insurance costs the government more than $1 billion annually....
Insurance
The Association of Superannuation Funds of Australia has told the Productivity Commission there is a need to fix the anomalous situation around total and permanent disabl...
Insurance
The Superannuation Complaints Tribunal has reinforced the need for funds and insurers to ensure medical assessments are pertinent to TPD claims....
Insurance
The Superannuation Complaints Tribunal has determined that 105 days represents an unreasonable delay for an insurer to deal with a TPD claim....
Insurance
ANZ is arguing that a six-year time limit on late notified TPD claims could drive valuable premium reductions for super fund members....
Superannuation
A superannuation fund has found to its cost that there is no statute of limitations on administrative errors....
Insurance
BT Financial Group has joined the chorus of calls for a harmonisation of the treatment of insurance both inside and outside of super....
Insurance
The Superannuation Complaints Tribunal’s performance with respect to TPD claims compares poorly with those dealt within the worker’s compensation environment....
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 ...