Search Results | Showing 91 - 100 of 1001 results for "Death" |
| | | Paying higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees ... |
| | | | ... as a remedy. The top three products for superannuation complaints were superannuation account (73%), pension (11%), and death benefit (5%). The top three issues were service-related issues (26%), delay in following instructions (12%), and technical problems ... |
| | | | ... claims within the Code's required timeframes compared with the previous year. The report highlighted that the number of death claims taking longer than a year to resolve increased 24%, from 116 to 144. While representing only a small portion of total ... |
| | | | A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ... |
| | | | ... in risky occupations. According to modelling by the Productivity Commission, a low-income, blue-collar worker paying for death, total and permanent disability (TPD), and income protection insurance could retire with $85,000 - or 14% less - than if they ... |
| | | | ... Directors Australian Governance Summit, Longo pointed to AustralianSuper's alleged delayed processing of nearly 7000 death benefit claims and its failure to merge multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly ... |
| | | | Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ... |
| | | | ... inactive accounts, or those aged under 25 - taking a sledgehammer to the number of people insured through superannuation for death benefits. Intended to prevent insurance premiums from eroding members' account balances for cover they mightn't ... |
| | | | ... Superannuation Industry (Supervision) Act 1993 (Cth). ASIC is currently investigating AustralianSuper over delays in paying out death benefits after it remediated members last year. |
| | | | ... that these funds are operating on the basis that they are compulsory?" Bragg said. "Clearly people are not getting their death benefits paid, they're being charged for multiple accounts, they're being charged insurance they don't want, and ... |
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