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Showing 31 - 40 of 1001 results for "Death"

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... 14 years, having been appointed in July 2012. Under the change, the premiums per unit or dollar of income protection and death cover will decrease. Income protection will go down by about 24.6%, while death cover will be decreased by 15.4%. Premiums ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... flexibility that the profession requires," she said. SMSF Association chief executive Peter Burgess said a key concern is post-death attribution of earnings. "Applying tax to earnings after death is a significant outcome that wasn't clearly evident ...

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... Your Super Package (PYS) and the Putting Members' Interests First (PMIF) reforms result in $670 million in foregone death benefits each year, new research from the Association of Superannuation Funds of Australia (ASFA) shows. Seven years since the ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
Consultation is now open on reforms to prevent perpetrators of domestic and family violence from receiving the super death benefits of their victims. Under current law, a superannuation trustee may be required to pay a death benefit to a person who ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... complaints (7,687) in 2025 was driven by delays in handling claims and disputes over claim decisions. While complaints about death benefits have remained steady, the main pressure points were timeliness and transparency in the claims process, AFCA explained. ...

Aussie veterans front Senate over underpaid pensions

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
... have been unfairly reduced. Williamson retired from the Navy in 1982 and was a member of the Defence Force Retirement and Death Benefits (DFRDB) Scheme. The scheme was open to members of the defence force between 1972 and 1991, at which point it was ...

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... enough, even at $15 million I'm better off leaving it in super and taking it out in a planful way as I prepare for those death benefit taxes," she said. For members with between $3 million and $10 million in superannuation, Heffron said while Div ...

CFS to integrate estate planning services for members

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... clients. Advisers can incorporate a completed Will and digital asset inventory into holistic advice, align superannuation death benefit nominations with the client's broader wishes, and document preferences that support intergenerational wealth transfer ...

CareSuper makes sweeping insurance changes

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... rating. For example, a 43-year-old member with an 'active' occupation rating with default cover of $145,000 for death and $97,000 for TPD would see annual net insurance fees rise from $468.51 to $605.28. Meantime, the super fund will also bring ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... super balance (TSB) to reflect the amount of insurance proceeds received. "Similar situations can also arise following the death of an insured member in the fund. That is, the proceeds of a life insurance policy owned by the trustee(s) of the fund, which ...