Super funds contributing to 'genuine suffering' by delaying death benefits, ASIC finds
The financial watchdog has delivered a scathing review of the superannuation industry's failures in handling death benefit ...
Webull Launches SMSF Offering for Australian Investors
Pty Ltd ('Webull Australia'), a subsidiary of Webull Corporation, the owner of the popular Webull trading platform, today ...
ASIC reads big super the riot act on death insurance, savings payouts
A review of how funds process insurance and savings payments to the families of dead members found excessive delays and ...
Super industry apologies for systemic failures that caused grieving Aussies 'genuine suffering'
The superannuation industry has apologised for devastating systemic failures that left Australians grieving the death of a ...
Watchdog Slams Australian Pension Funds’ Treatment of Customers
A death benefit is the amount of savings left in an account when a person dies, and there may also be proceeds from insurance. In one case, a fund took more than 500 days to pay a death benefit of ...
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Super failings laid bare after 'deep grief, suffering'
The peak body for super funds has apologised after a financial watchdog report revealed delays were rife in paying out death ...
Virgin Australia executives set to meet investors for relisting on ASX, AFR reports
Bain Capital-owned Virgin Australia is set to return to the Australian stock exchange after delisting in 2020, the Australian Financial Review reported late on Sunday.