A Federal court judge has fined AustralianSuper $27 million after it admitted to contravening the Superannuation Act over members’ duplicate...
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Australia’s biggest superannuation fund has been fined $27m for charging duplicate fees to tens of thousands of customers.
A Federal court judge has fined AustralianSuper $27 million after it admitted to contravening the Superannuation Act over members’ duplicate...
The Federal Court ruled the AustralianSuper breached the law when it did not merge members’ duplicate accounts.
The Federal Court ruled that AustralianSuper breached the law when it did not merge members’ duplicate accounts.
AustralianSuper hit with a $27 million fine for failing 90,000-plus members as ASIC vows to maintain vigil.
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Despite its issues, Australia’s compulsory superannuation system is still hailed as a poster child, and has again caught the attention of the United...