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Showing 111 - 120 of 130 results for "Financial hardship"

Industry fund fights financial exclusion

KERRIE SYDEE  |  TUESDAY, 15 NOV 2016
... to greater access to financial counselling for HESTA members who seek to access their superannuation due to financial hardship. HESTA will use the feedback from the roundtable to inform its ongoing commitment to financial inclusion and will launch its ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
... very unlikely to be working and many of them will have no income. Delaying their claims can lead to severe financial hardship and mental illness," he said. Weinmann also said that measures taken to address problems with approved income protection payments ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... government and, more importantly, suggest that some retirees are suffering considerable and apparently unanticipated financial hardship." ACPSRO said there has been enough time for Centrelink systems to have accurate and easily accessed figures on the ...

The social benefits of advice

ALEX BURKE  |  WEDNESDAY, 28 OCT 2015
... children about their financial situations, and encountered a mother whose partner had committed suicide due to financial hardship. "She was left to take care of her two children. She was in tears. He felt he'd failed as a husband, father and provider ...

UK adds SMSF after slashing Australian pension schemes

ALEX BURKE  |  TUESDAY, 8 SEP 2015
... "serious ill health." Many Australian super funds, however, also provision for early release in cases of severe financial hardship, balances below $200 and certain "compassionate grounds". As a result of being removed from the QROPS list, transfers into ...

AustralianSuper to pay early insurance to terminally ill

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
... superannuation could have on their existing superannuation insurance policies. "People with a terminal illness suffer financial hardship because they are typically forced to stop working. Many of them need access to additional funds to pay for their ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... fund," ASFA chief executive Pauline Vamos said. "Default insurance has also helped thousands of people deal with financial hardship after an unexpected tragedy. Without it, it's likely many people would not even have a basic cover of life, TPD or income ...

Allianz wins top insurance award

MARK SMITH  |  MONDAY, 22 OCT 2012
... through their super but many have only accepted the default level, which can leave them exposed to the risk of financial hardship if something were to happen that prevented them from earning an income." Towell finished "Allianz is playing an important ...

Commonwealth Fin Plng compensates investors

ASIC RELEASE  |  WEDNESDAY, 3 NOV 2010
... receiving inappropriate advice. Interim compensation payments may also be offered to clients who are subject to financial hardship due to inappropriate advice from the former representative. Its investigation into the former CFP representative is ong ...

More funds adopt intra-fund advice

RUTH LIEW  |  FRIDAY, 5 FEB 2010
... fund, increasing voluntary contributions, buying life insurance within AvSuper and accessing super early under financial hardship rules. "We applied for this authorisation in response to member requests for more meaningful and specific advice about AvSuper ...