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Superfunds magazine is the superannuation industry’s premier publication.
The ‘Protecting Your Super’ changes will raise the stakes for funds to effectively explain the value of insurance in super to members. IAN TAYLOR looks at how funds can better “tell the story”.
The role of insurance in super continues to be hotly debated. But without it, most working Australians and their families would have no form of lifestyle protection.
According to a 2017 report by independent consultants Rice Warner, the super industry is the leading provider of death and TPD insurance in Australia, accounting for 71 per cent of all life cover and 88 per cent of all TPD cover. Many workers who do not normally take out insurance cover or would not otherwise qualify have it automatically provided to them when they join a super fund. For many, it is the only insurance cover they can obtain…
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Cover story: Navigating a safe landing
International: The great acceleration
Life insurance in super: Telling the story
Overseas trends: Evidence-based pension policy: Lessons across the globe
Equities: Quality matters
Group insurance: Time is of the essence
Member engagement: Game ready
The voice of super
Out and about
Rules and regs
The last word
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