As the JobKeeper wage subsidy comes to an end 21 March 2021, businesses who have relied on the subsidy to continue to operate will be forced to let staff go. We often see that the first staff members to be let go during tough times are those that suffer from injury or illness. What are their options?
We are often asked; can I return to work after my TPD claim is accepted? The answer varies from person to person and depends on the relevant definition of TPD that your claim refers to.
Many people who suffer from a chronic illness such as Multiple Sclerosis, Cancer, Motor Neurone Disease, Parkinson’s Disease, Chronic Heart Disease, Fibromyalgia, Depression or Chronic Fatigue Syndrome have potential superannuation insurance entitlements that they are unaware of that could make a substantial difference to their lives.
In 2019, the Productivity Commission released its report “Superannuation: Assessing Efficiency and Competitiveness”. Following this report, the Federal Government has now commissioned an independent “Retirement Income Review”.
Following a recommendation from the Royal Commission, the Australian Financial Complaints Authority (AFCA) has amended its rules to allow them to deal with "legacy complaints" lodged between 1 July 2019 and 30 June 2020.
One of the recommendations of the Hayne Royal Commission was for Treasury to investigate whether to set standard definitions, terms and conditions for default MySuper group life insurance, including Total and Permanent Disability (TPD) insu...
One of the recommendations of the Financial Services Royal Commission that flew under the radar was the proposed amendment to the duty of disclosure and the remedy for innocent non-disclosure in life insurance.
Have you got an injury or illness and you have stopped working or are you considering resigning from your job as a result of that injury or illness? It is likely that you will have insurance within your superannuation fund that you can make a claim on; this includes Super TPD claims, income protection claims and death and disability claims. You may also have private insurance for total and permanent disability, income protection or death.
Have you made a claim on your general insurance policy and the insurance company has rejected your claim? Perhaps car insurance, home insurance, content insurance or travel insurance. Get in touch with a Berrill & Watson super lawyer today, for advice and assistance.
Has your bank, credit union or financial advisor provided you with advice that does not meet a standard expected of them and you have recorded a loss as a result of that advice? The Berrill & Watson team can assist you with disputes in relation to financial advice.