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INSURANCE INSIDE SUPERANNUATION
Superannuation
More unintended consequences appear to have emerged from the Government’s changes to insurance inside superannuation, with superannuation funds reporting an uptick in cla...
Life/Risk
Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...
Policy & Regulation
The Financial Services Council has received a clear message from the Government that it needs to make its Life Insurance Code of Conduct enforceable....
Life/Risk
The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....
Life/Risk
AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required non-smokers to submit a declaration identifying themsel...
Superannuation
AIA has welcomed KPMG’s Insurance in Superannuation report, saying that the Government’s proposed changes would result in Australians being financially worse off....
Life/Risk
The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...