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Showing 61 - 70 of 111 results for "Protecting Your Super"

Super fund GM resigns

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2019
... providing great leadership and expertise." "Most recently, he led the fund's successful response to the Protecting Your Super package which led to tens of thousands of impacted members opting to retain their insurance." Salloum has more than 30 years' ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... of AMP Life. AMP Life earnings of $31 million were down 69% on 1H 2018 which the company puts down to the Protecting Your Super changes, capitalised losses and other one-off experience items. Profit was propped up by the success of AMP Capital, which ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... and slammed the implementation delay. "The industry is already going through major changes to implementing Protecting Your Super, which is having a significant impact on Australians," Mu said. "The full extent of these changes is not yet well understood ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... the significant changes to default insurance and inactive accounts through the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 which took effect from 1 July 2019," WIS said. "There are already complications coming to light from the rushed ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... cover by age, around 50% vary cover by occupational risk level and around 30% by gender," it said. "With the Protecting Your Super package in place these proportions are expected to increase."

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... to make informed decisions on their insurance cover. Drawing on the recent experience of implementing the Protecting Your Super legislation, Land said the industry struggled to deal with the flood of inquiries received from members affected by the removal ...

Super fund launches new options

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... account new admin fees of $65 p.a. + 0.27%). The fund recently tweaked a number of its fees as part of the Protecting Your Super legislative changes.

PYSP communication divides opinion

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
Industry opinion about how effectively the Protecting Your Super reforms were communicated is mixed, according to Financial Standard 's recent spot poll. We sought to find out if trustees communicated the PYSP legislation in a clear, timely and ...

Industry fund to increase premiums

KARREN VERGARA  |  MONDAY, 8 JUL 2019
A $5.6 billion superannuation fund will increase insurance premiums as part of the Protecting Your Super changes after recently reducing costs for members. From 1 August 2019, EISS Super members will pay more for death and TPD cover, and death only ...

PYSP queries inundate super funds

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... experiencing high call volumes relating to both the end of the financial year and the government's recent Protecting Your Super legislation changes which are leading to longer wait times, and we're also investigating claims of calls to us being ...