Insurance
Insurance
Superannuation trustees need to become more sophisticated about the provision of group life, including gaining a greater knowledge of their members....
Insurance
The insurance within superannuation regime is far from perfect but it is vital to addressing Australia’s under-insurance problem, according to Mercer....
Insurance
The Productivity Commission has been told increased and negative publicity around insurance within superannuation drove a surge in opt-out in 2016....
Insurance
MLC Life Insurance has this week announced the expansion of its Best Doctors service to reach 800,000 customers....
Insurance
Big insurer TAL has insisted to a Parliamentary Committee that profit-sharing rebates paid to super funds are always used to benefit members and it has the right to audit...
Insurance
The Productivity Commission has been told of the likelihood of a Code Compliance Committee with audit and sanctions powers being appointed to oversee insurance in super....
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
ASIC has confirmed that both it and APRA are scrutinising so-called ‘profit sharing’ arrangements between insurers and super funds....
Insurance
ASIC has confirmed that ANZ have paid a further $10.5 million to its OnePath customers affected by breaches that occurred during 2013 and 2016....
Insurance
Redesigning insurance products in superannuation to fit more around member characteristics could address potential affordability concerns, Rice Warner believes....
Insurance
The Superannuation Complaints Tribunal has reinforced the need for funds and insurers to ensure medical assessments are pertinent to TPD claims....
Insurance
The code of conduct coming out of the Insurance in Superannuation Working Group risks having the bite of a month-old lettuce and must be given teeth, according to Maurice...
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 ...