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

Search Results

Showing 1 - 10 of 986 results for "Death"

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... insurance risk management practices." Research from Rainmaker found TPD claims take much longer to process. Of the total death claims (13,000) and TPD claims (30,000) studied, the majority (76%) of death claims processed in just under two weeks and about ...

UniSuper pilots' digital estate planning partnership with Safewill

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... treated within estate planning arrangements, particularly the role beneficiary nominations play in determining how super death benefits are distributed. Lubofksy noted Australians mistakenly assume their Will automatically covers their superannuation ...

Retirees leave 90% of pension unspent: AMP Super

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
... retirement director Ben Hillier said on average clients are leaving around 90% of their account based pension unspent at death, which makes it important for adviser to tackle 'regret risk' in retirement. Speaking at the Financial Standard Advisers Big ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... administration and back-office practices. One high profile example is Cbus paying a nearly $24 million fine for the lengthy delay of death benefit payments. The government now wants all super funds to step up and force the timely and compassionate handling ...

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... Retirement Trust (ART) is overhauling its insurance premium rates for Super Savings members starting July 1, with Standard Death and Total & Permanent Disability (TPD) Assist charges decreasing on average by 14.1% and 31.2% for male and female members ...

Super funds can drive member engagement through insurance: TAL

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
... who were unsure whether they held insurance through super felt financially secure against the impact of illness, injury or death. That figure climbed to 52% among those with default cover and 77% for members who had tailored their insurance to suit their ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... members is dropping across all cover types by an average of 12%. From July 1, members will pay less for the same level of death, total and permanent disability (TPD), and income protection cover. On average, the cost of death cover will drop by 6%, while ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ...

SMC backs proposal to close family violence super loophole

VINNY VUCAGO  |  FRIDAY, 1 MAY 2026
... family violence. The only current legal deviation is where the perpetrator's actions are found to have directly caused the death. SMC argued this creates a serious gap in the system, allowing financial gain from harmful behaviour. In a submission to ...

'Beware the predictions of political experts': UniSuper

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
... crisis, global capital still flows to the US. "And that's indeed what happened during the height of the recent panic. The death of US exceptionalism may indeed come one day, but it's not today," he said. Pearce said in times of crisis, it's important ...
PREVIOUS
NEXT