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Showing 151 - 160 of 1001 results for "Death"

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... consumers to access low-fee accounts, and how superannuation trustees deliver important member services, such as how they handle death benefits claims," Longo said. "We will continue to work to ensure the financial system works for all Australians." ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... Members Interests First (PMIF) policies have contributed to a substantial reduction in superannuation insurance coverage for death benefits; a 36% reduction from June 2018 to June 2023. A comparable decline was observed in the coverage for Total and ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... roundtable discussion last week with Jones, focusing on how the government could expedite the process for insurance claims and death benefits. They also briefed the minister on new initiatives by super funds to improve service delivery. "The entire super ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... of large withdrawals on exempt current pension income (ECPI), not wasting losses and/or negative earnings, and any tax on death benefits.

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... "A variety of speakers will talk about how the proposed $3 million tax is going to affect advising clients, be it from a death benefit or contributions perspective or via investment strategies. There'll also be discussions on alternative investment ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... their confidence in the superannuation system is likely to be undermined; nowhere is this more evident than in relation to death benefit claims handling. "We are aware of a significant increase in complaints to the Australian Financial Complaints Authority ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... conditions for ongoing service delivery, particularly as the super fund takes on internalising complex processes such as death claims and member complaints. Notably, AustralianSuper has today flagged that it will insource death claims management with ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... option, which enhances eligibility for the Age Pension through reduced treatment for the assets test, while limiting the death and withdrawal benefit. "After consultation with the advice and trustee community we know a key issue for some clients when ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... it is not inevitable. Berkshire's advantage is that it has been built to last," he said. Buffett said that after his death, the disposition of his assets will be an open book. "No "imaginative" trusts or foreign entities to avoid public scrutiny ...