greg brunner

Investment Strategy

Widespread call for hybrid TPD/IP insurance cover

Funds, insurers and consultants are calling for the creation of an insurance product that sits half way between TPD cover and income protection. Speakers and delegates at the third annual Conexus Financial/ AIA Group Insurance Summit, held in Sydney, found common accord not only that TPD was a major cause of soaring premiums, but it […]
Investment Strategy

Michael Dwyer calls for industry unity to save group cover

The survival of group insurance depends on funds, trustees, regulators and insurers working as a team, says Michael Dwyer, chief executive of First State Super, as none individually has the answer. The risk is that the youngest and healthiest members will exit insurance cover in response to large hikes in premiums, impacting further on the […]
Insurance

Insurance compliance “devilishly tricky” – APRA

The Australian Prudential Regulation Authority has admitted some areas of compliance for insurance in superannuation are “devilishly tricky” for funds. The comments were made by Greg Brunner, general manager-supervisory support division at APRA at an Australian Institute of Superannuation Trustees symposium in Melbourne. Brunner told an audience of trustees there were “significant” transition and implementation […]