Members were told an investment partnership with Hostplus would lead to lower investment management fees when 77% of members ended up seeing increased costs.
The super fund is alleged to have made misleading statements to its members. ASIC has announced that Maritime Super has paid $26,640 to comply with two infringement notices concerning alleged mislead
The super fund is alleged to have made misleading statements to its members. ASIC has announced that Maritime Super has paid $26,640 to comply with two infringement notices concerning alleged mislead
Maritime Super, which is soon to merge with Hostplus, has been hit with an infringement notice by ASIC over alleged misleading statements to members about its partnership with Hostplus.