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class action
Superannuation
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 mi...
Insurance
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent....
Superannuation
AMP and Commonwealth Bank have shared updates on ongoing superannuation class actions as they release their financial results. ...
Superannuation
Some 15,000 super fund members have signed up for a lawsuit against QSuper, alleging they were wrongly charged excessive premiums for their life insurance policies. ...
Superannuation
Colonial First State Investments has reached an in-principle $100m settlement regarding a superannuation class action about grandfathered commission. ...
Superannuation
Westpac has reached a $29.9 million settlement in a class action brought against its subsidiaries BT Funds Management and Westpac Life Insurance Services....
Institutional investment
A “rather speculative class action” has a detrimental impact on IFM Investors’ half-owned contractor Tandem Corp, the fund manager has told the Parliamentary committee. ...
Funds management
IOOF has been identified by UBS as a stock that is ‘still at risk’ of underperformance as its shares fall 56% since the start of the year. ...
Superannuation
Conflicted fees are once again a hot legal topic, with Suncorp being hit with a class action in the New South Wales Supreme Court over superannuation commissions paid to ...
Financial advice
Suncorp Super is facing a class action over the manner in which its superannuation fund paid fees to advisers....
Superannuation
Slater and Gordon has launched class actions following allegations arising from the Royal Commission, with CFS and AMP likely to be the first targets....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...