APRA has told group insurers to review insurance benefit design and definitions to ensure they better meet the needs of members....
While the life insurance sector in super has grown tremendously, there has not been a development of consumer protections and uniformity of practice, ASFA believes....
Group insurers will adhere to the Financial Services Council’s new Life Insurance Code of Practice but super funds will set their own standards....
The Association of Superannuation Funds of Australia wants group insurance recognised as more than an auxiliary benefit of super....
MLC tells Productivity Commission that opt-in does not represent a desirable option for group insurance....
NGS Super has selected TAL to handle its group insurance requirements, ending a 28-year relationship with CommInsure....
The median default cover of super meets only about half of the basic death cover needs for households with no children, according to Rice Warner....
The Superannuation Complaints Tribunal has directed an insurer and a super fund to reassess a member’s TPD claim based on a more appropriate definition....
New Dexx&r data has revealed steady growth in the group life insurance market....
NAB’s Andrew Hagger puts MLC Super creation in context of banking and wealth strategy....
MLC Life Insurance has been appointed by Energy Super as the provider of its Group Salary Continuance Insurance....
CareSuper has replaced CommInsure with MetLife, following a group insurance tender process....
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 ...