POWERED BY MOMENTUM MEDIA
Club Super appoints CommInsure as insurance partner
CommInsure has been appointed as Club Super's insurance partner for death and total and permanent disability (TPD).
Club Super is an industry super fund for employees in the sporting and recreational clubs and associated industries.
"We are impressed by CommInsure's strong commitment to service and its focus on product tailoring, claims management and trustee reporting," Club Super's chairperson, Barry Meiklejohn, said.
Commenting on the partnership, CommInsure's head of industry funds, Robert Nunez said their aim was to bring long-term value to members through outstanding service, product development, and market leading technology.
MLC was Club Super's group life insurer until the super fund tendered its death and TPD insurance.
Recommended for you
The impact of identity theft and its threat to superannuation savings were highlighted in a case that went before the Federal Court at the end of 2023.
A recent NSW Supreme Court decision is an important reminder that while super funds may be subject to restrictive superannuation and tax laws, in essence they are still a trust and subject to equitable and common law claims, says a legal expert.
New research from the University of Adelaide has found SMSFs outperformed APRA funds by more than 4 per cent in 2021–22.
The SMSF Association has made a number of policy recommendations for the superannuation sector in its pre-budget submission to the government.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
