total and permanent disablment

Investment Strategy

AustralianSuper spends to save on premiums

Sustainable group insurance is a scale game that needs significant resources, Richard Weatherhead, head of group insurance at AustralianSuper, told delegates at the Group Insurance Summit. He revealed how in the fund’s bid to weather a storm of rising claims, lawyer intervention in such claims and higher premiums it had raised the numbers employed in […]
Investment Strategy

Cbus reveals soaring TPD claims

Cbus has disclosed figures showing TPD claims from members have nearly doubled in two years. There were 798 TPD claims paid in the financial year ending 2012 totalling $45 million, while claims in the financial year ending 2014 totalled 1296 and paid out $88 million. Cbus has set new standards for transparency in its annual […]