Modern Australian

Changes to superannuation insurance won't jack up rates – but if anything they don't go far enough

  • Written by Anthony Asher, Associate Professor, UNSW
Changes to superannuation insurance won't jack up rates – but if anything they don't go far enoughThe government has made life insurance opt-in for younger superannuation fund members. Shutterstock

The life and disability insurance offered by superannuation accounts can be the best possible deal for members. But the experience is often bitter for younger people, who are “opted in” to insurance they won’t need until they have...