Outdated SMSF guidelines need a revamp
Chan & Naylor director Ken Raiss pinpoints the restriction for SMSFs to have a maximum of four members, restriction to move life insurance to an SMSF, cancellation of an over 65 trustee entitlement to three-year average contribution plus over-contribution penalties as the key pressing guidelines to be revisited in the New Year.
TAL appoints new general manager
TAL has appointed Brad Clarke as its new general manager of corporate strategy and M&A. In the newly created role, Clarke will be working alongside the life insurance giant’s managing director Jim Minto.
Is it time for insurers to go back to basics?
When it comes to affordability of life insurance, it needn’t be all or nothing. There are a number of strategies that can be employed to help make insurance an option for more clients, and as CommInsure’s Tim Browne writes, perhaps it’s time to get back to basics with product design.