Industry funds to prioritise bushfire affected members

8 January 2020
| By Jassmyn |
image
image
expand image

Industry superannuation funds are fast tracking insurance claims and enquiries from members and employers affected by the bushfires whether they were survivors, fire fighters or those helping with recovery efforts.

It said funds were analysing data to identify members and employers in bushfire areas and working n the best ways to provide them with support in the short-term. Call centre and online enquiries would also be monitored to identify and assess common themes or issues members were facing.

Employers affected by the bushfires could also seek advice and assistance about their situation as it related to super, and workers looking into what support measures might be available for their situation were encouraged to contact their fund directly.

ISA head of research, Dr Nick Coates, said: “Industry super funds stand ready to provide their members affected by the bushfires with the support they need when they need it.

“This is one small way industry super funds can help, by making it easier for thousands of Australians impacted by bushfires to get the information, service and support they deserve.”

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Avenue 17

I apologise, but, in my opinion, you are not right. I am assured. Let's discuss it. Write to me in PM, we will communica...

12 hours 54 minutes ago
Robert Segue

Sounds like a schoolyard childish scrap! take it behind the shelter sheds and sort it out! Really Publicly listed compa...

1 day 13 hours ago
JOHN GILLIES

iN THE END IT IS THE REGULATORS FAULT. wHILE I WAS WORKING I WAS ALLWAYS AMAZED AT HOW UNTHINKING SOME CLIENTS WERE! I...

1 day 17 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND