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...
The AFA wants super funds and insurers to better disclose their commercial arrangements around group and to underwrite all products at the time of application....
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 ...