QSuper has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums.
Andrew McKean
 | Andrew McKean is a journalist at Financial Standard and one of the hosts of the Financial Standard Podcast. He covers superannuation, wealth management and financial advice. Prior to this he has worked freelance for not-for-profit organisations and corporate educators. Andrew has a Bachelor's degree in journalism and non-fiction writing from Macquarie University. Connect with Andrew on LinkedIn or Twitter. |
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Macquarie Securities, the broking arm of Macquarie Group, is under fire for allegedly misreporting millions of trades over 14 years.
In one "distressing" complaint, a trustee took more than 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving the loss of her husband.
AMP has dared to go where no super fund has gone, investing in bitcoin even as Australia's largest super funds remain unconvinced.
Enthusiasm for global and local equities has seen investors pump billions into exchange traded funds in the last six months.
The ASX has announced an update on the replacement of CHESS, the 30-year-old computer system at the core of share trading in Australia.
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials.
Former Sunshine Coast financial adviser Brett Gordon diverted more than $650,000 of client funds to cover personal debts and expenses.
ASIC has accused three blockchain mining companies of asking investors to transfer funds from regulated super funds to SMSFs and convert them into cryptocurrency.
ASIC has appealed the Federal Court's decision to dismiss its proceedings against Finder Wallet.
