The subject of your passing or becoming mentally incapacitated is a difficult discussion and not necessarily one that those close to you will be keen to have. However discussing your wishes with your family will make it easier for everyone involved, especially while you are still fit and healthy.
Most of us like to think that insurance is a set and forget proposition that we pay for without too much consideration. However no one can predict the future. Illness or injury can strike at any time with potentially devastating consequences.
The 2016 Federal Budget contained a raft of changes to superannuation. I am very disappointed and frustrated with some of the changes. However, after taking a step back and putting the changes into context, I think most Australians should view these changes as a positive.