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Showing 61 - 70 of 665 results for %22Life Cover Super%22

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... are hesitant to invest in defensive assets because clients' money is going nowhere or potentially making a loss," he said. Life insurance is a major bugbear for clients as well as advisers - and it is currently the most difficult conversation taking ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
... in outcomes between a top product and an underperforming one can amount to hundreds of thousands of dollars over a working life." Of the 76 MySuper products assessed by APRA, 13 of them failed the test (as announced in August 2021). These products were ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... underscored the importance of ensuring consumers can access affordable financial advice that considers their investment and life insurance needs. In response to the latest installment of the heatmaps initiative, acting chief executive of the Financial ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... will undertake a review three years after it commences. "This standard demonstrates that when policy settings change, the life insurance and superannuation sectors will take proactive steps to protect consumers. The FSC is very pleased to be working ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... funds that failed the inaugural performance test earlier this year that also underperformed here. AvSuper Growth, Christian Super's My Ethical Super, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Super's MySuper option, LUCRF Super's ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... show all eyes were on the changing nature of the superannuation sector. Industry consolidation and the Your Future, Your Super performance test underscore the majority of this year's biggest stories, while the departures of some of the super industry's ...

Super fund appoints new insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... cover for Catholic Super members since 2008. Meanwhile, since 2006 Equip's group insurance has been provided by Hannover Life Re, which is exiting the market. The appointment of MetLife follows a lengthy tender process focused on ensuring long-term value ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... increase from the $17 billion in 2019. "This is not great for retirees, who may be unnecessarily compromising their quality of life. And it's not great for the Australian community, because it means that our otherwise high-quality retirement system ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... "Being stuck to a dud fund could punch a huge hole in a person's nest egg, and that is going to limit how much they enjoy life in retirement - people should make sure they are with a good fund." ISA previously lobbied for the government to amend ...