total permanent disablement insurance


Discovering dignity

“How can invalidity claims be managed – applying strict, legalistic definitions – and yet reduce anxiety and defuse anger as such processes provoke?” I addressed this question at the recent Conexus Financial Group Insurance Summit, where I explored how I reviewed an invalidity-claims process for a public sector super fund, leading to a halving of […]

Will insurance make the
difference in MySuper?

Insurance was emerging as a potential differentiator as funds and financial services providers design their MySuper products, according to speakers at the AIA-Conexus Financial Group Insurance Summit in October. Damian Hill, chief executive officer of REST Industry Super, told the summit that his fund was “looking to take advantage” of the opportunity to include innovative insurance options in its MySuper product. Insurance was part of the […]
Industry View

More than just a product

I was recently at an industry conference where changes to the default-fund system were discussed. Throughout the session, we heard about the impact on employers, insurers, funds and other providers but members – and what was best for them – didn’t rate a mention. In her recently published book, A Super History, Christine St Anne reminds us that super was conceived as policy with social […]

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 […]