21st May 2020
In this article, Emma Dawson explores the disproportionate impact on women's careers, remuneration and superannuation both during the COVID-19 shutdown, and in its economic aftermath. Although working remotely during the shutdown period has no doubt been somewhat of an ‘eye-opener’ for some of the domestic partners of female lawyers about the unpaid work so many do, it may be too early to hope for a permanent shift in the division of unpaid domestic work. Nevertheless, the building blocks have been laid. Post-COVID will offer many challenges, but also many opportuntities to do things differently.
26th Mar 2020
If you are acting for a client with an approved TPD claim it would be a good idea for you to find out now how the superfund is dealing with TPD claim proceeds. According to Andrew Reynolds, currently roughly 50% of superfunds will direct proceeds into the member’s default investment option in their superannuation account. Over recent weeks, as the COVD-19 crisis has hit financial markets across the world, some claimants have lost tens of thousands of dollars before they even realise their claim has been approved. Andrew suggests that affected TPD claimants may have valid claims against their superfunds for these losses.
19th Sep 2019
Andrew Reynolds provides practical tips for personal injury lawyers practising in the areas of superannuation and TPD on how they can prevent their clients from making potentially costly decisions and help them to maximise their benefit.
29th Oct 2018
Clear facts-sheets and a ratings system are needed to make it easier for consumers to understand the costs and benefits of the death and disability insurance within their superannuation, says the Australian Lawyers Alliance (ALA).
11th Oct 2018
Giving TPD insurance claimants specific information early on can stop them taking action that is potentially financially damaging and encourage them to think about how best to maximise their claim should it be successful.
17th Aug 2017
This article offers ten tips for successful total and permanent disablement (TPD) claims under insurance held through superannuation.
2nd Aug 2017
Proposed Commonwealth legislation to regulate superannuation-linked life insurance products will help restore public confidence in the industry, the Australian Lawyers Alliance (ALA) said today.
8th Jun 2017
There are simple strategies that can be implemented to make the most of any TPD claim, particularly minimising tax payments and maximising other benefit entitlements.
28th Jul 2016
Sunsuper announced that from 1 July 2016, their superannuation insurance will be changing. These changes mark a radical shift in Total Permanent Disability (TPD) insurance. Greg Spinda briefly comments on the need for the changes and provides a summary of the pertinent changes to the TPD insurance cover.