The FSC’s Life Insurance Code of Practice is set to release in October, three months later than its original deadline of 1 July, 2016....
Insurance advisers should give rebates on commissions when giving income protection advice as part of a greater strategy, and to build trust, according to Omniwealth....
The Superannuation Complaints Tribunal has relied on policy keywords to uphold a decision denying a policeman’s TPD claim....
The Association of Superannuation Funds of Australia has pointed to the need for better definitions and greater flexibility around TPD....
The latest APRA data has placed the importance of group insurance in context....
New data from DEXX&R appears to confirm that insurers have overcome the problems with respect to disability products....
Only high net worth white collar super fund members’ balance would be affected by insurance within super, according to a lawyer....
Superannuation fund members should rely on formal documentation from their funds rather than e-mails originating from administrators....
The proposed reduction in concessional contributions could mean a hefty reduction in super members' final account balance, according to DEXX&R....
The final public hearing of a Senate Committee was warned that some new definitions implemented by super funds and their insurers are tending towards “junk”....
The TPD industry is set to change the way it approaches claims by focusing on how to help claimants in their time of need in a more relevant way, AIA believes....
New Rice Warner analysis points to the need for superannuation funds to rethink their insurance offerings to reflect the fact that one size does not fit all....
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 ...