Latest news from Shine Lawyers.

AustralianSuper – Stripping Your TPD eligibility

Most hardworking Australians are unaware that they are protected by insurance benefits that exist through their superannuation fund. Total and Permanent Disability (TPD) Insurance is a product attached to a workers’ superannuation fund. Eligibility for the insurance is activated generally when the worker is unable to return to work as a result of illness or injury and the superannuation fund is satisfied that the eligibility definition is met. Read more.

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Insurers take advantage of our most courageous

Seven’s Sunday Night program has reported on the battle facing police officers suffering from posttraumatic stress disorder (PTSD) and has highlighted the significant impact that mental illness has on members of our community who devote their lives to protect us. Click to read more.

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Shine Lawyers to represent Macquarie customers

Shine Lawyers has confirmed it will act as an independent legal adviser to support the thousands of Macquarie Private Wealth (Macquarie) customers affected by inappropriate financial advice. Click to read more.

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Insurer changes TPD definition in Australia

Australia’s largest and most recognisable industry superannuation funds, AustralianSuper, has agreed to allow TAL to unilaterally alter the definition for Total and Permanent Disability (TPD) insurance to make it significantly more difficult for members to claim this benefit – a benefit for which they pay premiums from their own superannuation account. Read more.

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Super funds lobby to limit insurance claim window

It is estimated that around 75 per cent of all Australian workers have some form of insurance coverage through their superannuation fund, whether it be against income loss, total and permanent disablement (TPD), trauma, or even death. Whilst this rate of coverage is apparently high, many injured or ill workers are often oblivious to their level of cover and as a result are unaware of the benefits that they are entitled to under their superannuation polices. Read more.

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