Exactly exactly exactly exactly What modifications are coming to earnings security?

Exactly exactly exactly exactly What modifications are coming to earnings security?

The changing times they have been a changin’ … at the very least for the statutory legislation around earnings security anyhow. Here’s what you ought to learn about the changes arriving at retail earnings security insurance in 2020.

The australian Prudential Regulation Authority (APRA) has taken action to try to stabilise the industry – announcing a number of important changes in late 2019 on the back of the individual disability income insurance (IDII) industry collectively losing more than $3.4 billion over five years. (more…)