The design of default disability cover in superannuation needs a re-think to ensure better health outcomes for members. Our research suggests Australians want change.
Download the Green Paper
Report highlights
- Nearly half of Australian workers have three months or less in savings in the event of a disability preventing them from working, with almost a third of women having savings of just one month.
- 57 per cent of respondents prefer a steady stream of regular income over a lump sum payment in the event of illness or injury.
- The current approach to disability insurance in super is centred on a binary assessment of permanent disability, failing to adapt to the evolving needs of members and labour force patterns.
Get in touch
To receive a copy of the green paper via email, or to book a briefing session on the research, please contact Alison Bodinnar, Head of Group Product & Proposition.