News Regulations12 Sep 2023

Australia:Biggest super fund alleged to have charged insurance premiums to clients' duplicate accounts

| 12 Sep 2023

The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against the trustee of Australia's largest superannuation fund, AustralianSuper, alleging failures to address multiple member accounts and continuing to charge multiple sets of fees and insurance premiums to these members.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review