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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....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...