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PYS
Superannuation
Some superannuation funds have been confirmed as having faced a liquidity squeeze as a result of the Government’s early release superannuation regime while some members l...
Financial planning
OneVue has posted a revenue decrease of 1% to $49.1 million in its FY20 results due to market volatility, lower interest rates and the new Protect Your Super legislation ...
Superannuation
Legislation will be introduced next year to allow trustees to voluntarily transfer any amount of inactive low balance accounts to the tax office, spelling the beginning o...
Life/Risk
Five terminal illness claims and two death claims have already been turned away by Hostplus for members unaware of the PYS changes and the fund believes this is just the ...
Superannuation
New research has confirmed that without a vigorous member communications campaign by superannuation funds and life insurers, more than half of Australians might have been...
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...
Superannuation
It is only early days, but already the numbers of superannuation fund members who have lost insurance cover as a result of the Government’s Protecting Your Superannuation...
Editorial
There is already a good deal of confusion about the Government’s recent legislative efforts around insurance inside superannuation meaning that it should accede to indust...
Superannuation
More than 440 AMP superannuation customers have demanded to have their cancelled insurance cover reinstated, while more than 5,000 supposedly ‘inactive’ and low balance c...
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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?...