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Showing 21 - 30 of 65 results for "Stapling"

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... topic of reforms, MLC Life found that about 60% of super fund members - largely younger members - have never heard of the stapling reforms introduced last year, meaning their cover may be at risk. "This poses a potential risk for individuals who change ...

Zurich expands group insurance leadership team

JAMIE WILLIAMSON  |  THURSDAY, 20 JAN 2022
... in using technology to engage customers will help Zurich's super fund partners to engage their own members. "In a post stapling world, insurance remains one of the main reasons employees do not change fund, so ensuring that members understand and make ...

Industry super funds launch fresh campaign

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
Industry Super Australia has unveiled its latest advertising campaign, encouraging Australians to join one of its 13 member funds. The industry group has launched the 'I'm with one' campaign will run on metro, regional and subscription television ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one million members tied to a superannuation fund that has failed APRA's ...

Employers unaware of YFYS, stapling: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
More than half of employers are clueless on what the Your Future, Your Super reforms - including stapling - mean and how to comply, according to new research. The study, commissioned by consumer experience consultancy CSBA and Fund Executives Association ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... Services Council is consulting on solutions for group insurance cover for members working in hazardous occupations after stapling. FSC said if a MySuper product's default life insurance cover has occupations-based exclusions, a member working in ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... reduce fees as soon as possible. It has also defined a 'stapled fund' including a tie-breaker rule to decide the stapling fund for members with multiple accounts. Other regulations include specification of how products will be ranked on the online ...

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
... years into its life. As a Choice product with no employer relations, Spaceship's superannuation fund is immune to the new stapling and performance benchmarking requirements. Read more about Spaceship's business model and Moore's career in FS Super's ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... new members, of its roughly 450,000 total membership base. This time around, the driver for opening the fund further is stapling and the drop in arrivals of international students to Australia -- which has led UniSuper to conclude hiring at universities ...