Search Results | Showing 1 - 10 of 14 results for "PMIF" |
| | ... reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting Members Interests First (PMIF) policies have contributed to a substantial reduction in superannuation insurance coverage for death benefits; a 36% ... |
| | | ... Putting Members Interests First and Protecting Your Super. T asplan attributed its 7% fee hike in September 2020 to PYSP and PMIF. |
| | | ... reducing the cover our members have." The spokesperson said the rise is due to several factors, including government changes (PMIF and PYS reducing the insurance pool), an increase in claims, and the impact of COVID-19. Vision Super has also altered ... |
| | | ... Voluntary Code of Practice, Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First (PMIF) legislation and COVID-19, according to the firm's 2020 underinsurance report. The PYS and PMIF legislation in particular ... |
| | | ... successfully worked through various legislations including Protecting Your Super (PYS), Putting Members Interests First (PMIF) and the COVID-19 ERS scheme. All of these initiatives required a high level of investment of resources and time, in order to ... |
| | | ... communicated with its member cohort with special needs for significant changes including the early release of super scheme or PMIF/PYSP changes, it pointed to the above methods. The fund said it started emailing members about the rebrand on July 15 ... |
| | | ... previously sent to members will hold except a change in insurance arrangements to accommodate Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing ... |
| | | ... premiums will need to be adjusted accordingly. "The impact of the Protecting Your Super changes have (or will, in the case of PMIF) resulted in large numbers of members ceasing to hold life insurance within their superannuation fund," the spokesperson ... |
| | | ... first time in over 12 years," the fund said. The group insurer for ESSSuper is CommInsure, which is now owned by AIA. The PMIF legislation, which comes into effect today, is designed to protect low-balance super fund members from having their balances ... |
| | | ... recent legislative changes, such as the introduction of the Protecting Your Super (PYS) and Putting Members' Interests First (PMIF) legislation. Defence Bank Super said TAL advised that the legislative changes have "created pricing pressure for insurers ... |
|