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Showing 1 - 10 of 20 results for "Super Consumers Australia"

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Life insurers offering rehabilitation services of policyholders has its demerits, says Super Consumers Australia director Xavier O'Halloran. Speaking at a panel on the future of life insurance in Australia, O' Halloran said while insurers getting ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... enforce the implementation of the Your Future, Your Super reforms. A further $1.6 million will be given to Super Consumers Australia to support stronger outcomes for super fund members. The funding for this initiative will be partially met through an ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at eight mergers ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... a penalty of up to 300 penalty units, the bill shows. Commenting on the new legislation, director of Super Consumers Australia Xavier O'Halloran said the cost of being sold into a poor quality super fund can mean the difference between a comfortable ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... is desperately needed and will ensure members get the maximum benefit of the legislated SG increase." Super Consumers Australia was more positive about the reforms, with director Xavier O'Halloran saying the changes would likely leave people better off ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
New research from Super Consumers Australia, the superannuation advocacy arm of CHOICE, has highlighted how difficult it is for people to claim total and permanent disability (TPD) insurance under the activities of daily living (ADL) definition. The ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... Meanwhile, ASIC MoneySmart said $20,000 for a 30-year-old might amount to $43,000 by retirement and Super Consumers Australia put the figure at just under $50,000. Chair of the economics committee Tim Wilson called ISA's calculations "dubious" and said ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... difference, concerns about the quality of advice provided by super funds has become a central issue. Super Consumers Australia director Xavier O'Halloran believes it is "pretty clear" there is a disconnect between the quality of advice Australians need ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... the super sector's alleged lack of liquidity make headlines. University of Melbourne professor and Super Consumers Australia director Kevin Davis recently suggested super funds should consider borrowing from the RBA in an arrangement that we see ...
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