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Showing 1 - 10 of 210 results for "Death benefit"

Showcase: A technical advantage

THE FINANCIAL STANDARD TEAM  |  MONDAY, 19 OCT 2026
Flexible choices can drive higher retirement balances. Modelling from the 2026 Intergenerational Report (IGR) released in September predicts that by 2065-66, the number of Australians aged 85 or older will triple to 1.9 million - a huge cohort that ...

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI  |  MONDAY, 24 AUG 2026
... on July 1 this year. Notably, the super fund also introduced an option for members to make a non-lapsing binding death benefit nomination earlier this month. Commenting, HESTA chief executive Debby Blakey said the changes would make a real difference ...

HESTA follows Cbus on death benefit nomination changes

RIDDHIMA TALWANI  |  TUESDAY, 18 AUG 2026
HESTA has introduced an option for members to make a non-lapsing binding death benefit nomination. Recently, Cbus also rolled out changes to fund's death benefit nominations, where it offered new non-lapsing binding death benefit nominations allowing ...

Super funds failing on death benefit comms: SCA

RIDDHIMA TALWANI  |  MONDAY, 10 AUG 2026
... of Australians have not been contacted by their super fund over the past year encouraging them to make a binding death benefit nomination. The Your Say on Super survey showed at least 15.5 million Australians may not have a binding death benefit nomination ...

Cbus rolls out death benefit nomination changes

KARREN VERGARA  |  FRIDAY, 7 AUG 2026
Cbus will roll out changes to death benefit nominations, which include scrapping nominations that expire in three years. Effective October 16, Cbus will offer new non-lapsing binding death benefit nominations and allow members to make them online. The ...

Super funds fail customer service test: SCA

KARREN VERGARA  |  TUESDAY, 14 JUL 2026
... practices, notably led by Cbus and AustralianSuper. Cbus paid a nearly $24 million fine for the lengthy delay of death benefit payments, while AustralianSuper sat on death benefit claims that exceeded internal targets of four months. The government now ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... implementing that advice. That's where we see real value." Total improvement ASIC's scathing review of the death benefit claims-handling process released in March 2025 found not one trustee tracked the life of a claim from start to finish. Among ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
Two years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. ASIC's review of 45 trustees found varying degrees of urgency ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... comparison to 1% in death claims for the same period. Last year, ASIC investigated AustralianSuper for sitting on death benefit claims that exceeded internal targets of four months. Most recently, though, AustralianSuper's group insurer TAL said ...

UniSuper pilots' digital estate planning partnership with Safewill

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
UniSuper has partnered with online estate planning platform Safewill in a pilot program aimed at simplifying the Will creation process for members and improving awareness around estate planning and superannuation beneficiary nominations. Under the arrangement ...
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