Super scandals -what to do? | The Australian

The day has come to professionalise big super. What’s more, these are enormous funds. Cbus is valued at $94bn, ART is $300bn and UniSuper is at $139bn. They can’t carry on as they did back in ...

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Super Scandals -what To Do? | The Australian

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The day has come to professionalise big super. What’s more, these are enormous funds. Cbus is valued at $94bn, ART is $300bn and UniSuper is at $139bn. They can’t carry on as they did back in ...

theaustralian.com.au

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VIDEO : The Cbus Superannuation Scandal - ABC (Australian …

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2 days ago · Posted 39m ago. Watch 8m. The Cbus superannuation scandal. Australia's super funds have assets of over $3.9 trillion. For an industry holding so much money you would …

abc.net.au

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Swan Says Cbus Board Was Not Too Slow On Payouts. ASIC Disagrees

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1 day ago · The Australian Securities and Investments Commission took the $94 billion construction industry fund to court on Tuesday over at least $20 million owed to members, …

afr.com

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AustralianSuper Legal Case: ASIC Sues Australia's Largest Super Fund ...

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AustralianSuper is the country's largest super fund, with more than 2.87 million members and $258 billion in member assets as at June 30, 2022. Continue reading finance

9news.com.au

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‘This Should Not Have Happened ... - Sky News Australia

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May 13, 2023 · A super fund has set aside $70 million to pay thousands of Australians an average of $650 after "unreservedly" apologising over a process that "should not have happened". …

skynews.com.au

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Major Super Fund Is Accused Of Disgraceful $20million Act - MSN

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Major super fund is accused of disgraceful $20million act. It also alleged more than 6,000 claims had been delayed more than 12 months by late 2022, more than half the fund's claims at that …

msn.com

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Australia’s Biggest Pension Fund Freezes New Business With PwC …

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Jun 2, 2023 · PwC races to contain widening Australian tax leak scandal. AustralianSuper, which is partly owned by the Australian Council of Trade Unions, said it spent more than A$2mn with …

ft.com

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How Millions Of Australian Workers Are Being Ripped Off By Their …

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Oct 27, 2021 · But many don't. Industry Super Australia data reveals that 2.9 million Australian employees missed out on $5 billion in employer super contributions in 2018–2019. That …

abc.net.au

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PwC Tax Leaks Scandal: AustralianSuper, HESTA, Aware Super, …

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Jun 12, 2023 · Five industry super funds representing more than $750 billion in Australians’ retirement savings have now frozen new contracts with PwC, and there are more on the cards.

afr.com

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Want A Happy Retirement? Th Three Things You Need, And How …

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1 day ago · But the Association of Super Funds of Australia gives us a good benchmark for what a comfy retirement costs. For a couple, it’s now $73,337 a year. For a single person, it’s $52,085.

smh.com.au

FAQs about Super scandals -what to do? | The Australian Coupon?

Is AustralianSuper a tactic to hold company funds?

Mr Buckley believed AustralianSuper’s approach was a tactic to hold onto company funds. “Let’s just drag this thing on for as long as we can and ignore you and see if you will just go away,” he said. Ms Buckley believed it was not until she lodged her anger on the fund’s Facebook page that their case was elevated and resolved. ...

What is Australia's largest super fund?

AustralianSuper is the country's largest super fund, with more than 2.87 million members and $258 billion in member assets as at June 30, 2022. Property News: Video has surfaced of armed police removing squatters from a mansion. Australia's largest superannuation fund is facing a Federal Court case from the ASIC, the regulator announc... ...

Is ASIC suing AustralianSuper?

ASIC is seeking declarations, pecuniary penalties and other orders against AustralianSuper. The date for the first case hearing is yet to be scheduled. AustralianSuper is the country's largest super fund, with more than 2.87 million members and $258 billion in member assets as at June 30, 2022. ...

Why did AustralianSuper apologise for'service issues'?

AustralianSuper in a statement said members and their families had experienced “service issues”. “This is not acceptable, and we unreservedly apologise for any distress caused,” a spokesperson said. Senator Andrew Bragg was critical over the allegations against the two of the nation's largest superannuation funds. ...

Does Sky News Australia have Cbus Super?

Other families detailed to Sky News Australia their frustrations with Cbus Super. You can now subscribe to stream four news channels live, and watch full Sky News Australia shows on demand, with the Sky News Australia app on mobile and tablet devices. Terms and conditions apply. ...

What does ACSI say about AustralianSuper's 'bad behaviour'?

ACSI provides advice for the country's biggest superannuation funds including AustralianSuper, and told the AFR that it was "critical that the board investigates these issues on behalf of all WiseTech shareholders and responds appropriately". WiseTech is not the only corporate to make media headlines for alleged bad behaviour. ...