Christmas is nearly upon us and for most Australians it’s a time for celebration and a chance to relax with family and friends. It’s also an occasion for giving and exchanging gifts. Giving gifts has been a Christmas tradition dating back as far as the early Romans who celebrated the Saturnalia festival in December. It … Continued
United Ancient Order of Druids Friendly Society of NSW To be united is about joining together for a common purpose, such as to help those most in need. The United Ancient Order of Druids (UAOD) Friendly Society of NSW was one such organization that did just that. At a time when there was limited social … Continued
If you were thinking about taking out Life Insurance recently, you may have decided to put it off given some of the disturbing revelations about some Life Insurance companies through the Royal Commission. But don’t be put off. Over the past six months the Royal Commission has put the spotlight on issues where the key … Continued
There has been a lot of media coverage surrounding default Life Insurance cover as part of your super. The main benefit of default cover inside super is that the premiums are deducted from your contributions. The main disadvantage is the premiums deducted reduce the account balance and potentially your retirement savings. Life Insurance inside your … Continued
Do you have or are you considering Life Insurance through your superannuation fund? Life Insurance purchased through super can be a good way to ensure you at least have some level of cover, which is always better than none at all. And in most cases, you should be able to secure cover at a relatively … Continued
We all remember scandals in the media surrounding Life Insurance and insurers not paying claims. It was one of the reasons financial services was included in this year’s Royal Commission. This press continues today. This is in relation to an ASIC enquiry into the Direct Life Insurance industry and recent significant regulatory reforms that have … Continued
Why, in the middle of one of the largest financial services shake-ups in Australia’s history are we writing about Oak trees and acorns? You’ll have to read on to find out. Oaks and Acorns The Oak tree is often referred to as the “king of trees,” and a symbol of strength, endurance and knowledge. The … Continued
It’s Father’s Day on Sunday 2 September and a day of celebration for dads and families around Australia. The role of a father is wide and varied and many aspects have changed significantly over the past generations. Consider the role of a father in the 19th and first half of the 20th Century. They were … Continued
ASIC recently published two reports focusing on Direct Life Insurance. One of these outlined findings from their own review of direct insurance, and the other covered consumer research findings into Direct Life Insurance. These ASIC reports are very critical of the Direct Life industry and some of the key findings were as follows: Pressure selling … Continued
Every day consumers are presented with advertising and promotional materials from life insurers that portray happy families benefiting from the peace of mind that comes with having Life Insurance. But is this really an illusion? For the majority of people with Life insurance, their cover fits their circumstances and if they need to make a … Continued
