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Search ResultsShowing 1 - 10 of 15 results for "Super Consumers Australia"
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 ...
The week that was
JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... the crisis. Calls for super release to borrow from RBA A University of Melbourne finance professor and Super Consumers Australia director has proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve ...
Industry-made retirement models are self-serving: SCA
ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Super Consumers Australia (SCA) has taken a stance against industry-created retirement models, saying Australians deserve realistic retirement income standards. In its submission to the Retirement Income Review (RIR) SCA said existing models pushed ...
Problems persist with PYSP communication: ASIC
ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... ensuring benefits for those members targeted by the PYSP reforms," she said. Xavier O'Halloran, Super Consumers Australia director has called on superannuation funds to do more to inform customers appropriately. "Superannuation funds need to do much ...
Industry split over super fee hike
ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... 241,000 accounts with a balance of less than $1000. Half of all its accounts have less than $25,000. Super Consumers Australia director Xavier O'Halloran labelled the justification for the fee underwhelming. "We understand they were one of the biggest ...
AMP remediation processes questionable
JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... weeks out from AMP's full-year results, due February 13. In a statement to Financial Standard , Super Consumers Australia director Xavier O'Halloran said AMP would have been much better off notifying people of the refunds and giving them a choice ...
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