Daniel Herborn

[Daniel Herborn @d_herborn]

"A kick in the guts": Mechanic Greg suffered a spinal injury that left him unable to work, but he got nothing from the disability insurance in his super due to an exemption:

New from me for @choiceaustralia / @ConsumersSuper

https://t.co/i8z8giumil

[Daniel Herborn @d_herborn]

Super laws mean a perpetrator of domestic/family violence can claim the super of their victim when the victim dies

Family members of victims and peak bodies are calling for urgent change.

New from me for @choiceaustralia/@ConsumersSuper

https://t.co/G9Th05Xz0Z

[Vanessa Smith @normal_ness]

When I was doing my insurances for the first time years ago I also found TPD calculators useless.

[Daniel Herborn @d_herborn]

In this month's @choiceaustralia magazine:

Many super funds provide retirement calculators to help people work out how much income they can expect in retirement.

But a @ConsumersSuper deep dive found many of these tools are seriously flawed.

[Daniel Herborn @d_herborn]

Many super funds provide retirement calculators for their members, but a deep dive by @ConsumersSuper found serious problems with these tools.

New for me for @choiceaustralia magazine:

[Daniel Herborn @d_herborn]

Making a disability insurance claim through the insurance in your super can be very taxing.

We've put together some practical advice on how to know if you're eligible to claim and what to expect.

New from me for @choiceaustralia / @ConsumersSuper

https://t.co/5wVfFT0ZYP

[Daniel Herborn @d_herborn]

Some super funds pay bonuses to their members who move into the retirement phase.

@ConsumersSuper says it's unfair that funds can take back these bonuses when members don't follow their rules.

#RetirementPlanning

New from me for @choiceaustralia:

https://t.co/gnAFBH1teJ

[Daniel Herborn @d_herborn]

New from me for this month's @choiceaustralia: Super Consumers Australia says new measures to prevent super scams are a good start, but only cover about a quarter of Australians.

cc: @ConsumersSuper

[Super Consumers Australia @ConsumersSuper]

SCA's @xavierohalloran on insurance in super:

"The deep flaws in insurance in super are standing in the way of attempts to maximise Australians' retirement incomes. (This insurance) is falling short of community expectations."

(1/3)

[Super Consumers Australia @ConsumersSuper]

Australian retirees have been left out of APRA's performance test for the 4th year running. This failure to test products is leaving retirees in the dark about whether super funds are managing their money appropriately.
Read our MR: https://t.co/qHYYV6gxmZ

[Super Consumers Australia @ConsumersSuper]

Today the Government introduces legislation that will pay super on Paid Parental Leave. We commend this step towards closing the gender gap in super.

For older women, especially those renting, more still needs to be done.
@AlboMP @ausgov

[Super Consumers Australia @ConsumersSuper]

Great to see the industry listening to issues experienced by members for many years. Now we’d love to see mandatory standards for funds to have a family violence policy and a best practice response to financial abuse.
Link in comments.

[CHOICE @choiceaustralia]

Super Consumers Australia says a review is urgently needed. Read more: https://t.co/Str6CfJSSZ

[Daniel Herborn @d_herborn]

Increasingly, retired Australians are renting. These renters need to spend much more on housing than homeowners.

Super Consumers Australia says we need policy solutions that work for this growing group.

New from me for @choiceaustralia / @ConsumersSuper

[Super Consumers Australia @ConsumersSuper]

Pleased to see @StephenJonesMP identify super scams as a future area of focus in today's @PressClubAust address. We want to see this code fast-tracked to protect Australians' retirement savings. Link in comments.

[Super Consumers Australia @ConsumersSuper]

Important investigation by @michaelatkin
on the cold callers pressuring people to switch super funds.

"We think there is a real likelihood...people are getting charged fees that are inappropriately high" says ASIC's Sarah Court.

cc: @choiceaustralia

https://t.co/CbVTuCjrnV

[Daniel Herborn @d_herborn]

Advocacy groups say the super death benefit system is inflexible and doesn't recognise First Nations kinship structures, meaning people can't leave their money to those they consider family members.

New from me for @ConsumersSuper /@choiceaustralia:
https://t.co/92C2225OAZ

[Super Consumers Australia @ConsumersSuper]

Accessing your loved one's super after they die can be a nightmare. Super Consumers says the system needs an urgent review. Read our new article here: https://t.co/XpmtmXRgTx

[CHOICE @choiceaustralia]

Recent high-profile account problems have highlighted the need for tighter security and responsiveness when issues arise. Read more: https://t.co/ZAy7OVlMWG @ConsumersSuper

[Daniel Herborn @d_herborn]

In this month's @choiceaustralia mag:

We'd love to hear from you about your experience with super and insurance in super.

These stories help us advocate for the most important stakeholders in the system - the millions of Australians with super accounts. cc: @ConsumersSuper

[Super Consumers Australia @ConsumersSuper]

Lee lost his life savings of $180k in super to scammers. Super Consumers' policy manager @beksarkoezy spoke to @abcnews on super scams and why we need better protections: https://t.co/vkTw5sBssM