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Showing 1 - 10 of 124 results for "Death benefits"

Showcase: A technical advantage

THE FINANCIAL STANDARD TEAM  |  MONDAY, 19 OCT 2026
... costs are associated with the income streams and whether they are explicitly stated; and what withdrawal and/or death benefits are tied to the product. Confidence in higher balances It's through planning the best mix of these four components that ...

Super funds failing on death benefit comms: SCA

RIDDHIMA TALWANI  |  MONDAY, 10 AUG 2026
... introduce mandatory customer service standards requiring funds to communicate clearly with members and process death benefits within clear timeframes. "Too many Australians only learn about the importance of a binding death benefit nomination after someone ...

Cbus rolls out death benefit nomination changes

KARREN VERGARA  |  FRIDAY, 7 AUG 2026
... the death claim process by about four to six weeks. In the 2025 financial year, Cbus dispensed $437.4 million in death benefits, according to APRA, making it the fourth-largest payout behind AustralianSuper ($1.1bn), Australian Retirement Trust ($764.3m) ...

Super funds fail customer service test: SCA

KARREN VERGARA  |  TUESDAY, 14 JUL 2026
... months. The government now wants all super funds to step up and force the timely and compassionate handling of death benefits, fair and efficient processing of insurance claims, and clear, respectful and accessible communications with members. It also ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... complaints data at all. This is baffling, and frankly, unacceptable." Released today, Report 831 Delivering on death benefits: Have super trustees stepped up? provides an update to ASIC's investigation into how trustees were taking or not taking ...

UniSuper pilots' digital estate planning partnership with Safewill

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... 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, despite ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... payments. The government now wants all super funds to step up and force the timely and compassionate handling of death benefits, fair and efficient processing of insurance claims, and clear, respectful and accessible communications with members. The ...

SMC backs proposal to close family violence super loophole

VINNY VUCAGO  |  FRIDAY, 1 MAY 2026
... violence or unlawful killing. It also supported allowing trustees to consider evidence of abuse when deciding how death benefits are distributed, even if the abuse was not a direct cause of death. SMC said empowering trustees to make these decisions ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... and raises important questions about how Division 296 will operate in practice, particularly where the payment of death benefits can span multiple years due to matters outside of a trustee's control," he said. There is also the potential for differences ...

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... Super Package (PYS) and the Putting Members' Interests First (PMIF) reforms result in $670 million in foregone death benefits each year, new research from the Association of Superannuation Funds of Australia (ASFA) shows. Seven years since the two ...
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