Table of Contents Table of Contents
Previous Page  22 / 64 Next Page
Information
Show Menu
Previous Page 22 / 64 Next Page
Page Background

2C

Insurance in super:

recovering consumer and stakeholder confidence

Central Room A, Ground Floor

Several reviews are under way, initiated by regulators, industry and a Senate enquiry, all concerning

a lack of confidence around life insurance in super. In the weeks prior to the ASFA Conference, a

number of important announcements and statements will have been made.

There has been considerable media coverage over the past year raising product design concerns as

some funds have moved to change solution design to make life insurance more sustainable. In the

process, public confidence in the benefits of life insurance has diminished. Rightly or wrongly, the

public perception is that prices have risen, eligibility has been tightened and benefits have reduced.

A Code of Practice has been launched affecting retail life insurers, and the superannuation industry

must now develop and launch its own code of practice. Industry leaders are absolutely convinced we

must respond to address the issues and concerns.

A group of expert practitioners will discuss the processes to be followed and issues that will have to be

addressed over the coming year.

In the second part of this session, the focus will switch to health. Delegates will be shown how to

develop your own ‘brain gym’ with Paul Taylor, a former British Naval Officer and exercise physiologist

and nutritionist. Paul has developed a holistic approach to health and wellbeing that integrates

physical and mental analysis, and will help you understand how behavioural change improves general

health and wellbeing. Your health is your most important asset – understand how you and your

members can keep it.

Paul Taylor

Chief Executive Officer, Personal Training

Academy, Acumotum and the Body Brain

Performance Institute (Australia)

Jenny Oliver

General Manager, Group Insurance, TAL

Life (Australia)

John Berrill

Principal, Berrill & Watson Lawyers

(Australia)

@berrillwatson

Helen Davis

(Fellow of ASFA)

Chairperson, Superannuation Complaints

Tribunal (Australia)

Andrew Howard

Chief Operating Officer, REST Industry

Super (Australia)

Chair:

Pauline Vamos

(Fellow of ASFA, ASFA AIF)

Chair, 2016 Conference Committee,

Chair, 2016 Keynote Advisory Group

and Director, Banking and Finance Oath

(Australia)

Committee coordinator:

Pauline Vamos

(Fellow of ASFA, ASFA AIF)

, Director, Banking and Finance Oath

Industry issue

1 CPD point

22

Parallel session two

11.15am – 12.45pm (90 minutes)