What’s the most important thing in your life? Is it your career? Or is it your very own family? If you answer yes to the latter, well you’re just one of the millions of people who regard their family as the most important part of their lives. Without family, their world seems to be lifeless,…
Various insurance companies are now gearing up to push income protection as governments of Victoria, Queensland, and New South Wales are looking to cut workers’ compensation schemes. Lots of workers in Australia are not covered by this because they believe that their state government’s workers’ compensation scheme is enough to provide them with financial…
AIA Life announces the following range of updates to help clients purchase insurance within super. Purchasing income protection insurance is made easy through appropriate cover level payments through superannuation. This means greater insurance purchase flexibility for clients. Self-employed individuals representing the biggest percentage in growth opportunity will benefit. Employees without employer superannuation support need no…
Elevate insurance enhancements offer flexible and accessible insurance solutions. Flexibility and accessibility are two important factors that make life insurance solutions work and this is what is made available to our clients through enhanced insurance solutions. Mining Industry – Income protection – Extended benefit period for certain mining jobs – Increased maximum monthly benefit amount…
The following are the changes in the Federal Budget as announced last week. We see these changes in the concessional super contributions caps and contribution taxes likely to affect some of our clients. Higher contributions tax for very high income earners The tax concession on contributions of earners of over $300,000 will go down from…
Asteron Life Complete Income Protection Plus was recently awarded a perfect score of 100 by IRESS, the only product in the market to receive such a high rating. A number of factors contributed to this score, including the flexibility of Asteron Life’s income protection products and a few additional features and benefits that set them…
A draft version of the latest guidelines for MySuper legislation was released this week. The guidelines detail recommendations for a number of aspects of insurance and intra-fund advice, including clarification of commissions and payments for advisors, particularly in the field of group insurance. In the area of insurance, according to the new guidelines, MySuper trustees…
The number of Australians with life insurance coverage through superannuation has increased while there was a drop for the same number of people with stand-alone coverage, potentially worsening the insurance gap. In 2006, the Financial Services Council said a similar study showed an increase in the number of Australians with superannuation life insurance coverage from…
Most people wouldn’t consider going without car insurance. Although we don’t expect to have an accident every time we get behind the wheel, we are aware of the possibility and take precautions to protect our vehicle and our finances accordingly. Strangely enough, when it comes to our income, many of us don’t provide ourselves with…
CCA Financial planners has today launched a mobile version of it’s website. We have been working hard to provide users with the best expierience possible, With an easy to use interface and friendly forms. To view our mobile site, simply navigate to https://www.ccafp.com.au with your mobile device. Or click on This Direct Link