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Showing 101 - 110 of 986 results for "Death"

Super lobbies call for death benefit reforms

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... Australians deserve better outcomes from their super funds, but said reforms are needed. ASFA chief executive Mary Delahunty said death benefit payments are often complex, but that super funds have been focused on "unpicking the barriers" to better serve ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... or 56.93%) were around account administration issues. A further 1047 were around group life insurance, and 455 to do with death benefits distribution. The fresh data comes as Cbus is facing proceedings in the Federal Court over delays in paying death ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... that the super fund will do the right thing and quickly deal with the claim. In some cases, funds are asking for multiple death certificates to be produced, which seems incredibly callous. It appears that they are putting their profits before people." ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing, some waiting more than 90 days. Financial Standard understands that about 7500 member claims ...

Mutual Trust merges with CMS Private Advisory

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... intergenerational wealth, such as the sale of a long-held family business, the unbundling of jointly owned family wealth, or the death of a family patriarch or matriarch, clients are turning to us as experts in this field, to help solve more complex ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... complaints are notably complex, with trustees given 30 days for initial resolutions, 45 days for other complaints and 90 days for death benefit distribution complaints," AFCA said. "Despite these extended timelines, 12% of cases were resolved within ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... whom are children and women. International medical journal the Lancet analysed this as a massive undercount, predicting the death toll was as high as 186,000 in July due to Palestinians dying from indirect health implications such as malnutrition, and ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... online, including pension account applications and intention to claim a tax deductions forms. Claims processing for low-value death benefit claims has also been simplified, and the process for TPD claims has also been enhanced.

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... October 1, AustralianSuper is moving account balances to the cash option after it is notified of a deceased member's death. This will take two business days for PreMixed and DIY Mix investment options from the time of notification. For the Member ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches superannuation death benefits in hopes to reduce disputes and misunderstandings when processing such complaints. This follows on from another consultation ...