Featured Image

Retirement Planning in a disjointed system

  • On 23/05/2019
During the Federal election, the Coalition promised not to make any changes to superannuation in the term of the new Parliament.  Despite this promise and its re-election, this does not mean we will have a period of stability – the industry still must deal with the Protecting Your Super Package and the enhanced requirements of […]
Read More
Featured Image

Can individual Income Protection return to profit?

  • On 08/05/2019
The life insurance industry has been under constant attack for high commissions (Trowbridge report), and adverse consumer experiences with direct sales and poor value products (Royal Commission into Misconduct and ASIC REP 587).  Contrasting these consumer issues, is the poor profitability in many parts of the industry, which is concerning APRA. Following its thematic review […]
Read More
Featured Image

Balance Super for Better

  • On 14/03/2019
Last Friday was International Women’s Day and this year’s theme is to balance the scales to overcome gender inequality. There is now a global movement to seek to address past inequalities – communities now expect there to be a balance and will call out its absence and celebrate its presence. Unfortunately, despite industry efforts over […]
Read More
Featured Image

Impact of cleaning up multiple accounts

  • On 11/03/2019
Most young superannuation members do not actively engage with their fund until their balances become meaningful.  Passively, they let their Superannuation Guarantee (SG) contributions be paid to the default fund selected by their employer.  As a result, when they change jobs, they often leave their old benefit behind.  Over time, they collect membership in multiple […]
Read More