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Top News In Super Consumers Australia Today - Breaking & Trending Today

AustralianSuper mistake spurs call for regulatory intervention

Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. ....

Jonathan Steffanoni , Rose Thomas , Productivity Commission , Super Consumers Australia , Superannuation Industry , Consumers Australia ,

'This should not have happened': AustralianSuper to refund thousands of fund members an average of $650 after review

Australia s largest superannuation fund has issued an apology and pledged to pay thousands of members an average of $650 following an internal review. ....

Rosie Thomas , Investments Commission , Australian Securities , Super Consumers Australia , Consumers Australia Deputy Director Rosie Thomas ,

AustralianSuper to pay back $70m for excessive charges

AustralianSuper has apologised to around 100,000 members after a review of its processes found a combined $70 million worth of incorrect charges. Super Consumers Australia has called on all super funds to transparently review its processes to confirm members are not paying any similar charges. ....

Rosie Thomas , Productivity Commission , Operation Risk Financial Reserve , Super Consumers Australia ,

AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people. ....

Rosie Thomas , Productivity Commission , Consumers Australia , Double Charging , Super Consumers Australia ,

Payday super to boost retirement savings for millions

From 1 July 2026 employers will be required to pay their employees super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. ....

Xavier Ohalloran , Deanne Stewart , Vicki Doyle , Jim Chalmers , Eva Scheerlinck , Glen Mcrea , Australian Institute Of Superannuation Trustees , Association Of Superannuation Funds Australia , Industry Super Australia , Bernie Dean , Superannuation Funds , Australian Institute , Superannuation Trustees , Superannuation Guarantee , Aware Super , Super Consumers Australia , Xaviero Halloran ,