ASIC identifies ‘significant variation’ in outcomes for superannuation insurance
A report by ASIC investigating default insurance in superannuation has called into question the appropriateness of default insurance design, with some members receiving relatively low value.
Report 675 Default insurance in superannuation: Member value for money, released by ASIC on Monday, explores the value for money that Australians receive from default insurance provided by superannuation funds and how this is measured.
Read more at SMSF Adviser.
