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Search ResultsShowing 1 - 8 of 8 results for "Putting Members' Interests First"
Year-long delay for super merger
KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... 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 ...
How PYS changes caused 34% premium hikes
ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... policies with taking into account the impact of the PYS legislation. "We have modelled the PYS/Putting Members Interests First impacts by calculating the 'excluded premiums' and the 'excluded claims' that will occur as a result of the changes caused ...
PMIF sees premiums rise for first time in 12 years
ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and death and total and permanent disability up by 5%. Income protection ...
Cbus overhauls insurance offering
JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... also said the cost of implementing two major legislative changes - Protecting Your Super and Putting Members Interests First - and an increase in disability claim volumes requires an overall increase in the rates charged by its group insurer, TAL. Currently ...
Link's superannuation arm takes a hit
HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... was due to a combination of client losses and the impact of regulatory reforms, including the Putting Members Interests First and Protecting Your Super legislation. However, Link pointed to "strong underlying member growth" and improved fee for service ...
Industry fund ups fees ahead of merger
ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... the needs of their combined memberships. MTAA said the fee changes were necessary because the Putting Members Interests First and Protecting Your Super reforms meant a significant decrease in the number of members covered by its group insurance policy. ...
Member interests delay recommended
HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF), the committee made just two recommendations: to delay the implementation date until December 1, and ...
Super body opposes member interests bill
HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... Committee's inquiry into the Government's proposal. Steadfastly refusing to support the Putting Members Interests First Bill (PMIF), WIS' submission claimed the proposed reforms would affect many women and their dependants, including those ...
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