income-protection insurance

Governance

Insurance key in Asset-CareSuper merger

More available and flexible income-protection insurance is a key reason why the Asset Super and CareSuper merger is good for Asset members, says the fund’s chief executive, John Paul. Both funds today formally announced their deal would proceed, with the new $6.5-billion fund formally merging on October 26. Both boards gave in-principle support for the […]
Insurance

Insurance the next big
issue for trustees

Maintenance of insurance data will become “one of the biggest issues” for trustees in coming years, according to Richard Weatherhead, head of life insurance at Rice Warner Actuaries. Weatherhead says a combination of tightened regulation from the Australian Prudential Regulatory Authority (APRA), along with the provisions of the new MySuper legislation, will make insurance a […]