Confusion reigns in super and life insurance: CHOICEBY EMMA RAPAPORT | MONDAY, 27 FEB 2017 1:04PM Australians are missing out on thousands in retirement savings due to confusing superannuation products according to consumer advocacy group CHOICE. Related News |
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"Deborah", I would say to you that there was a PDS provided to your daughter upon joining her fund, it is only 8 pages long and includes details of the insurance cover provided and how to 'opt out' if not needed. There was a periodical statement provided to your daughter at least once per year which showed every deduction made for the cost of insurance - it is not hidden. Just depends on whether your daughter wants to be informed. I'm guessing not.