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Showing 1 - 10 of 41 results for %22Blue Collar%22

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... insurance cover, prompted by fewer than expected claims in previous years. For death and TPD insurance, members engaged in blue-collar or manual work will experience a weekly drop of 44 cents to $10.76. White-collar or non-manual employee's weekly insurance ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... their super did so as soon as possible and as much as possible. Moreover, withdrawers were younger, more likely to be in blue-collar professions, and live farther from major cities. Although the early release of super was intended to provide relief to ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... complimented Devasia on her passion and commitment for member outcomes as well as for her deep understanding of the issues blue collar industry workers face. Devasia will commence her term on the board in January. Meanwhile, Swan thanked Donnellan and ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... partner appeared? First, Taylor is adamant that any tie-up would be more about cultural fit than industry alignment. "BUSQ is a blue-collar worker-style fund. So, we'd probably benefit from having that similar ethos with another fund if we were to ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... occupational risk categories. The cost of death only cover will not change. Currently, those members categorised as 'blue collar' pay $1.52 per unit per week for death and TPD cover. From September 30 this will increase to $1.75. Those in the 'white ...

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
... up to age 65 will see the cost of their cover increase as claims have increased. Across all ages and work category (blue collar, white collar and professional), premiums for death cover will drop 4-5% while the cost of TPD will drop by 15%. The cost ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... effective April 1, AvSuper members will pay more for their death and TPD cover; the first increase in six years. A 'light blue collar' member with default cover of two units of death and TPD will see their premiums rise from $1.70 a week to $2. Premiums ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... found that young workers and those on lower incomes are most likely to be underpaid, particularly those working in blue collar industries (40%) or hospitality. Younger workers were also the cohort most likely to withdraw from their accounts under the ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... Christian Super is making, with another being the recategorisation of occupational groups. From November, the 'light blue collar' and 'heavy blue collar' categories will be merged into a single 'blue collar' group, similar to how many other super funds ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... currently paying $32.85 per month for this cover, they will pay slightly less ($32.20) as a BT member. While comparison for a blue-collar worker isn't quite as simple due to varied occupation types, comparing members in the high-risk option suggests ...
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