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Showing 11 - 16 of 16 results for "Superannuation Voluntary Code of Practice"

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
... 55,000 members. Last week, Sunsuper announced it became a signatory of the Insurance in Superannuation Voluntary Code of Practice and will drop TPD insurance premiums for life product members by an average of 20%. From 1 July 2018, Sunsuper will adopt ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... Martin Fahy also said many of the PJC's recommendations are addressed in the Insurance in Superannuation Voluntary Code of Practice. "In some instances, the code has higher standards in place than those proposed in the PJC report," Fahy said. For access ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
A $50 billion industry fund is the latest signatory to the Insurance in Superannuation Voluntary Code of Practice, announcing it will drop TPD insurance premiums by an average of 20% at the same time. Signing up to the code from March 31, Sunsuper believes ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
... their retirement savings could be reduced to 12% or $93,000." She fears the Insurance in Superannuation Voluntary Code of Practice, while it includes solutions for some of these issues, "the that fact it will not be binding on trustees means that industry-led ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and Telstra Super ...

Successful implementation of super code critical

STEPHEN FAY, JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
The Conference of Major Super Funds saw discussion on the Insurance in Superannuation Voluntary Code of Practice move to issues of implementation as the code's subscription deadline looms. Superannuation funds have until March 30 to indicate whether ...
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