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Showing 151 - 160 of 210 results for "Death benefit"

HLB Mann Judd launches estate planning

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... estate planning was an entirely different area to managing superannuation. "I would assume just keeping up with the death benefit nominations for super funds and dealing with members - by getting a copy of the will and writing to every single beneficiary ...

SMSFs impacted by power of attorney rule changes

STAFF WRITER  |  THURSDAY, 24 SEP 2015
... are not uncommon in the SMSF context but are likely to involve such a conflict are: the attorney making a binding death benefit nomination for the principal (as member of a super fund) in favour of the attorney;A the attorney amending the nomination ...

What becomes of the broken hearted?

TREVOR HARRIS  |  FRIDAY, 6 MAR 2015
... husband and wife who had been separated for a short period of time but not altered their wills, superannuation binding death benefit nominations, or legal title to non-estate assets. The couple owned their home as joint tenants and had binding death ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... death or withdrawal will slowly diminish. Once they have received 95% of their original investment, they receive no death benefit. However, they continue to receive an income until they die. Mercer estimated that a member with a super balance of $400,000 ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... of the total size of insurance cover across the community, group insurance within super represents 71% of total death benefit sums insured, 88% of overall total and permanent disablement (TPD) sums insured and 59% of income protection monthly benefits. ...

Tribunal sees rise in super admin complaints

ALICE URIBE  |  WEDNESDAY, 13 AUG 2014
... Complaints Tribunal (SCT) for the June 2014 quarter. Of the complaints received 38.6% related to administration with death benefit complaints making up the second-largest category at 34%. This quarter also saw an increase in complaints to the SCT, with ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

Research house launches direct ratings system

LAURA MILLAN  |  MONDAY, 28 APR 2014
... products that offer better value for money, including maximum premium guarantees, premium caps and the accidental death benefit available, among other criteria," the company said. Products are given star ratings from one to five based on an assessment ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... because they look at the yield and they see it's too low; it's not that they don't want to buy because there's no death benefit; it's bloody expensive. Make it cheaper. "How do you make it cheaper? By putting in a contingency that says it only pays out ...

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
... death and TPD premium will increase threefold, from $2.16 to $6.86. However, the same 40-year-old will receive a death benefit of $550,000, a significant improvement on the current $240,000. Laura Wright, NGS Super's general manager, said that, while ...