INSURANCE INSIDE SUPER

Life/Risk

The proposed stapling of superannuation funds may leave some members ineligible to claim against their own policy after paying premiums if they are injured or ill while w...

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Life/Risk

Younger superannuation members and those in insurance policies with more restrictive terms and conditions may be receiving relatively low value for money, according to th...

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Policy & Regulation

Insurance inside superannuation needs a properly resourced code administrator with sanction powers, according to the Australian Securities and Investments Commission....

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Superannuation

The Australian Prudential Regulation Authority has moved ahead of Government legislative amendments to outline a simplification of the rules around insurance inside super...

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Superannuation

The Federal Government has been urged to significantly extend the timeframes for the introduction of its further measures on insurance inside superannuation in circumstan...

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Superannuation

As 1 July quickly approaches, consumer interest groups are campaigning hard to remind super fund members with inactive accounts that this is their last week to preserve t...

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Life/Risk

Super funds could face legal problems once group insurance for inactive accounts is switched off on 1 July, as members who were unaware they were losing their cover may s...

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Life/Risk

Australians are at risk of losing their life insurance cover when superannuation changes come into effect in July, as AIA Australia, Commonwealth Superannuation Corporati...

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Superannuation

TAL has reasserted its market dominance within the group insurance sector, with LGIAsuper announcing the company would take over its insurance mandate just weeks after Re...

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Tools & guides

Suzie Brown outlines some of the key considerations for financial advisers when making life insurance recommendations and provides an overview of the upcoming legislative...

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Awards

In the fifteenth year of the Money Management/DEXX&R Adviser Choice Risk Awards, MLC Life has maintained its top place on the podium as the Risk Company of the Year for 2...

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Life/Risk

The Australian Lawyers Alliance wants the Royal Commission to inject more transparency into insurance within superannuation to create awareness of sub-standard policy ter...

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Life/Risk

Industry superannuation fund REST has filed a breach report with the Australian Securities and Investments Commission after admitting to failings during the Royal Commiss...

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Superannuation

Advice ensures insurance is not lost, especially when the establishment of a self-managed superannuation fund is involved, according to wealthdigital. ...

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Life/Risk

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

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