AustralianSuper upgrades Finsuper offering

chief-executive/

5 June 2009
| By Benjamin Levy |

AustralianSuper has upgraded its Finsuper Division insurance product, increasing its automatic acceptance limits (AAL) to $800,000 for death and total permanent disablement and lifting the AALs for income protection for up to $10,000 earning power per month to 85 per cent of salary.

The chief executive of AustralianSuper, Ian Silk, said Finsuper had a proud tradition of catering for the specific needs of finance workers and it was committed to offering a more competitive offer for its members.

The upgrades will come into effect on July 1.

Finsuper caters to the needs of finance workers.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

6 days 4 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3