Submissions are welcomed on Insurance in Superannuation Working Group (ISWG) discussion papers
The Insurance in Superannuation Working Group (ISWG) has released a series of discussion papers as a first step towards extending the Life Insurance Code of Practice to superannuation trustees.
The ISWG is comprised of Australia’s superannuation bodies, the Australian Institute of Superannuation Trustees (AIST), the Association of Superannuation Funds of Australia (ASFA), the Financial Services Council (FSC), Industry Funds Forum (IFF) and Industry Super Australia (ISA), who share the common belief that group insurance in superannuation is fundamentally the right policy setting for millions of Australians. This group also includes representative life insurers, superannuation funds and consumer advocates.
The second paper open for consultation is Claims Handling. Download the Discussion Paper on Claims Handling here.
Further discussion papers are due to be published in coming weeks and will be published here also.
To read the accompanying media release for the latest discussion paper click here.
How to make a submission
Submissions should be sent to ISWG-PMO@kpmg.com.au no later than 7 April 2017.