Super Review

The average delay in superannuation funds and their insurers dealing with a total and permanent disability (TPD) claim is around two years, according to the Australian Institute of Actuaries. The Institute has used its submission to the Productivity Commi

Why TPD claims take two years to manifest

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 years.

Allocated pensions outflows increase by 97%

Superannuation fund trustees need to adopt a more sophisticated approach to insurance within superannuation including “needs-based” approaches whereby members’ needs are defined based on a combination of age and life stage, accord to MLC Life. MLC Life ha

Trustees need to be more sophisticated on group insurance

Lower investment fees do not lead to higher net returns, according to actuarial research house, Chant West. In an analysis of the superannuation industry celebrating the 25th anniversary of compulsory superannuation in Australia, Chant West has pointed to

How default fund status give industry funds an edge

The increased publicity around insurance within superannuation saw an upsurge in members opting out such arrangements, according to evidence provided to the Productivity Commission (PC) by Mercer. The Mercer submission to the PC’s inquiry into Superannuat

Adverse publicity drive insurance opt-outs

LATEST NEWS

The five largest life insurers account for 80 per cent of gross industry assets, according to the latest analysis from the Australian Prudential Regulation Authority (APRA). The regulator has used its submission to the Productivity Commission review of co

19 September

Insurance

APRA confirms big five dominance of life

The Australian Prudential Regulation Authority has confirmed the continuing dominance of the big five in the life...

Advisers and super funds must strive to change members’ thinking about their super as a balance in an account to an income stream that would provide for their retirement.

19 September

SMSF

SMSF trustees can meet retirement goals despite tough environment

The proportion of 65-year-old SMSF couples who can afford the ASFA comfortable retirement has dropped by 16 per...

19 September

Insurance

ASIC flags common standard on insurance profit sharing

The Insurance within Superannuation Working Group is looking to establish a cross-industry standard for profit-...

Sep 19 2017 - 9:00am

Improving the odds of active management success, part 3: Cost

Controlling cost is one of the ways to improve the odds of active management success, says Vanguard’s Matthew...

Northern trust australian market custody

19 September

Superannuation

Super funds up 0.6% in August

Australian listed property performance has lifted the median growth fund to return 0.6 per cent in August,...

The FSC’s definition of super orientates towards the outcome the system aims to achieve, rather than how it is achieved.

19 September

Superannuation

Median balanced funds return 0.6%

Super funds have been focused on managing any breakout in volatility and have returned 0.6 per cent in August,...

New research confirms that the way income protection and TPD claims are handled are crucial to long-term outcomes.

19 September

Insurance

CommInsure expands product offerings

CommInsure has announced the launch of a new income protection platinum product along with changes to its total...

Aug 29 2017 - 8:00am

What’s keeping super members awake at night?

The latest Digital Insights report from Decimal shows that members are engaging with their super around the clock...

15 September

Insurance

Insurance payout not rare for Aussies

ASFA has found that while receiving an insurance payout is not a rare event under insurance costs the government...

Major insurer TAL has urged changes to superannuation fund preservation rules that require two medical practitioners to certify terminal illness and life expectancy. The company has used an answer to a question on notice from the Parliamentary Joint Commi

14 September

Insurance

TAL urges terminal illness changes

Major insurer TAL has urged changes to the rules requiring two medical practitioners to certify terminal illness...

14 September

Insurance

Life/risk industry complex and unprofitable

The life insurance industry needs to change as many people are cancelling their policies due to premium shocks,...

Jul 13 2017 - 9:30am

Improving the odds of active management success, part 2: Patience

Patience! Vanguard’s Head of Distribution, Matthew Lumsden, explains why it is critical to improving the odds of...

14 September

Superannuation

Govt should not cave into bank lobbying: ISA

The Government should not cave into bank lobbying to dismantle the industry super governance model, ISA believes.

14 September

Insurance

Insurance industry open to disruption: Capgemini

The 2017 World Insurance Report by Capgemini and Efma has touted the importance of innovation within the insurance...

Rollover knows how often a chief executive’s key performance indicators (KPIs) are based on the degree to which they can grow their company’s market share, and so he tips his hat to the magnanimity of AIA Australia chief executive, Damien Mu.

12 September

Superannuation

Legislation to remove $450 threshold welcomed

The legislation, if passed, to remove the $450 monthly income threshold for employer super payments has been...

john

Re. : directly question the value being generated by active managers. Who are these managers ??

Are active managers earning their fees in super? 1 week 4 days ago

johnp

I dont know but did MLC give good growth to their members like the Industry Super Funds have ?

‘Poverty’ among Australian retirees: MLC 3 weeks 11 min ago

Melinda Houghton

Wouldn't it be great if ASIC and the Government acknowledged how complicated this all is and...

Insurance inside super under scrutiny 1 month 4 days ago

Not so

The suggestion that Link would have 90% of the fund admin market is just plain wrong. The majority...

Pillar sale brings admin competition into focus 1 year 6 months ago

Graeme Officer

I RECENTLY WITHDREW MY FUNDS FROM MY ACCOUNT WITH YOU AND HAVE LOST THE DOCUMENTATION OF THE...

Qld’s LG Super becomes LGIA 11 months 2 weeks ago

Bruce Callaway

My wife is with Super SA (a government employee fund) We went to a seminar recently & I'd...

Comparing apples with apples on super fees 11 months 1 week ago

EVENTS

Oct26

Women in Financial Services Awards

News

Why TPD claims take two years to manifest

Allocated pensions outflows increase by 97%

Trustees need to be more sophisticated on group insurance

How default fund status give industry funds an edge

Adverse publicity drive insurance opt-outs

LATEST NEWS

APRA confirms big five dominance of life

SMSF trustees can meet retirement goals despite tough environment

ASIC flags common standard on insurance profit sharing

Improving the odds of active management success, part 3: Cost

Super funds up 0.6% in August

Median balanced funds return 0.6%

CommInsure expands product offerings

What’s keeping super members awake at night?

Insurance payout not rare for Aussies

TAL urges terminal illness changes

Life/risk industry complex and unprofitable

Improving the odds of active management success, part 2: Patience

Govt should not cave into bank lobbying: ISA

Insurance industry open to disruption: Capgemini

Legislation to remove $450 threshold welcomed

Improving the odds of active management success, part 3: Cost

What’s keeping super members awake at ni...

Improving the odds of active management...

john

johnp

Melinda Houghton

Not so

Graeme Officer

Bruce Callaway

News

Events