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eNews – March 2020

In this month’s newsletter, we begin by discussing reversionary beneficiary nominations. Our animation illustrates the issue of underinsurance in Australia, which is present in both the personal and general insurance space. The returns of asset classes can affect a chosen asset allocation; we explore the importance of rebalancing an investment portfolio. APRA has released measures aimed at improving the long-term sustainability of income protection insurance; we provide an overview of these measures. We also share with you a video by ABC News on the cost of child care, and the impact this is having on some Australian households.

Lastly, with considerable attention being given to the coronavirus disease (COVID-19) outbreak by media outlets and the like, we have included an animation by WHO that provides information and guidance on the disease.

Reversionary beneficiary nominations

Upon commencing a pension, you may have the option to nominate a reversionary beneficiary. In this article, we discuss the facts on this type of superannuation income stream death benefit nomination.

Underinsurance in Australia animation

Underinsurance, which can refer to inadequate or no insurance, is a significant issue in Australia. In this animation, we illustrate the details of underinsurance in the personal insurance space.

Why rebalance an investment portfolio?

The returns of asset classes can alter our chosen asset allocation within an investment portfolio. In this article, we explore the importance of periodically rebalancing an investment portfolio.

31 March 2020: Income protection insurance

APRA has released several measures that affect income protection insurance. In this article, we provide an overview of these measures, especially in relation to the agreed value benefit type.

ABC News: The impact of child care costs

Australian families can pay as much for child care as they would to send their child to a private primary school. In this video, ABC News explores the impact of child care costs on family planning.

WHO: COVID-19 information and guidance

Understandably, the COVID-19 outbreak is receiving considerable attention at the moment. In this animation, the World Health Organisation (WHO) provides information and guidance on the disease.