Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 119 results for "Protecting Your Super"

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... death cover earlier. CareSuper said the changes are being introduced in line with the Federal Government's Protecting Your Super Package. "Our new offering takes all this, in addition to recent claims experience, into account. For some members it means ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... of two industry superannuation funds will be paying higher group insurance premiums from next week as the Protecting Your Super changes kick into gear. GuildSuper and Childcare Super, which are part of the $1.7 billion Guild Retirement Fund, have made ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 and Regulations (PYSP), part of which bans exit fees from July 1. "We understand that some issuers may have ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... and over. LUCRF Super is changing death and TPD, and death insurance cover from July 1 as part of the new Protecting Your Super legislative reforms. The changes will hit members aged 50 and over the hardest - death only cover will reduce while premiums ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... fund, will be making changes to its fee structures following a comprehensive review. As part of the new Protecting Your Super legislative requirements effective July 1, the fixed administration fee will decrease to $1.25 per week from $1.75 per week ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... changes to its group insurance policies, as well as its products and investment options in line with the Protecting Your Super reforms. QSuper is making changes to income protection waiting periods and benefit periods from July 1 will affect some members ...

Super fund set to hike fees

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
A $4.5 billion industry superannuation fund is increasing its fees in response to the Protecting Your Super reforms. Queensland-based BUSSQ will increase its administration fee by $0.75 a week from July 1. In an update to members signed by chief executive ...