An industry fund initiative that nobody can knock

The code will enshrine practices like having a single case manager and point of contact for claimants – the roundtable dramatically brings out the problems that can arise when someone with a psychiatric disorder is given the run-around, or is not given clear infor- mation as to the status of their claim.
Superfriend is also working on standardised claim fact sheets, and a ‘bereavement kit’ to assist communica- tion with families involved in death claims.

Keeping insurance claims out of the SCT is a great way of improving the ‘efficiency’ that Jeremy Cooper keeps talking about, particularly given that fees for admin and manage- ment will be the focus of industry battles once the commission debate plays out.

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Shield, First Guardian reforms must not become a covert operation to restrict competition

There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.

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