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| | | ... averages. The research shows that the 59% of fund members with less than $100,000 in super account for just 13.8% of super funds, whereas those with $700,000 or more may only comprise 4% of members but they account for almost 25% of total funds. "It ... |
| | | | ... becomes invalid in the event of certain life changes. "When members sign a binding death benefit nomination for most super funds, it will usually be valid for three years; but in the conditions it can state that it will be invalidated by an event such ... |
| | | | ... accounting for about two-thirds of Australia's total superannuation assets. Insights from Rainmaker Information show retail super funds experienced a growth rate of 6% in the 12 months to September 2017 to $593 billion, which almost pales in comparison ... |
| | | | ... in the event of certain life changes, Cassar said. "When members sign a binding death benefit nomination for most super funds, it will usually be valid for three years; but in the conditions it can state that it will be invalidated by an event such as ... |
| | | | ... subscribers reading in 2017? Check out the most click-worthy stories of this year. The biggest stories of 2017 spanned new super funds, major strategic partnerships, landmark ASIC investigations, long-serving industry executives passing the baton and ... |
| | | | ... of schemes including Triple S, Lump Sum Scheme, Pension Scheme, Parliamentary Superannuation Scheme and all other super funds established by the South Australian Government for its employees. |
| | | | ... joining a new fund, trustees will endeavour to help members determine if they have duplicate insurance cover from other super funds, the code said. "The purpose of this is to ensure you do not unintentionally pay premiums for multiple insurance covers ... |
| | | | ... practices, decision-making and oversight of fund expenditure. This is in an effort to curb "weaknesses" among some super funds that have broad objectives and goals with "no timeframes or allocated resources or budget and no linkage to clearly stated ... |
| | | | ... IFA networks, as well as achieving sales targets for the platform, insurance, managed funds, bank and self-managed super funds (SMSF) product range. He joined the group in 2006 as a business development manager for AXA Australia and about four years ... |
| | | | ... claims are in fact paid. The good news is that the awareness is there, and the next step will be working with the super funds to take practical actions and engage members during key critical moments, she said. These are key "trigger moments" such as ... |
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