LATEST NEWS
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Income protection losses point to the need for a rethink
Last week, APRA published a gloomy set of quarterly numbers showing that the life insurance industry made a total net loss after tax of $179 million for the March to June 2020 quarter on individual income protection products (IP).
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Housing affordability is a problem – but it’s not up to super to solve it
Inevitably, the broadening of superannuation early release rules as part of the COVID-19 response has led us back to debating whether we should extend the existing First Home Super Saver scheme.
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A reminder of life insurance’s noble purpose
While it may surprise some to know that the original concept of life insurance can be traced back millennia to ancient times, there is no doubt the life insurance industry plays a vital role by providing financial protection when people need it most.
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