There are growing expectations from government and regulators that super funds provide more financial advice to members as they transition to the decumulation phase, in order to meet their responsibilities under the Retirement Income Covenant.
Aimed at senior members of insurance teams, this session will explain the possibilities of the new regime ushered in by the Quality of Advice Review and Delivering Better Financial Outcomes legislation as they pertain to insurance in super. It will discuss how changes to advice and sales practices may reduce under-insurance and the emerging trend of collaboration between insurers and funds on delivering retirement income and longevity risk solutions to members.
