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AustralianSuper headed to court over multiple accounts fiasco

ASIC has launched civil proceedings against Australia’s biggest super fund over allegations it failed to consolidate the accounts of 90,000 members and continued to charge them fees.

Staff Writer | 8th Sep 2023 | More
Active Super hit in ASIC’s greenwashing crackdown

The $14 billion industry fund is in hot water over allegations its member money is exposed to companies that should have been screened out and that it held on to Russian stocks despite saying it had dumped them.

Lachlan Maddock | 11th Aug 2023 | More