Making Your Future a Success
Helping you connect with a financial advisor so you can plan for tomorrow... today
Making Your Future a Success
Helping you connect with a financial advisor so you can plan for tomorrow... today
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Thirteen Australian superannuation funds fail performance test
The corporate regulator has warned the nation’s 13 worst super funds against providing their 1.1 million members with “misleading” information about their performance.
Super funds held on to Russian assets after markets tanked
Australia’s largest super funds are holding on to hundreds of millions of dollars in Russian assets, despite moves by the Future Fund, state governments and private investors to jumped ship.
REST sued Super for misleading conduct
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
The corporate watchdog has accused the $60 billion REST Super of misleading and deceptive conduct, alleging they tried to stop members transferring their savings to a better performing fund.
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
Over a four-year period CBA’s Colonial First State arm generated $1.42bn in profit after tax including in periods when funds it ran shrank or stagnated