Suncorp is set to pay $33 million to settle a class action brought by super fund members, but $19 million of that will go towards legal fees.
Superannuation
The new financial year has brought a raft of changes to super, so how will they affect you? We explain on the Friends With Money podcast.
As super funds merge to create mega-funds, the focus will be on investment performance. But you need to check what it will mean for your life insurance.
Sal's superannuation saw strong returns last year, but lately, it's losing money. He asks Paul Clitheroe why his super balance is suddenly going backward.
Squirrel Super claimed that metro residential property was likely to double in value every seven to 10 years - claims they repeated more than 9000 times.
Working longer means Aussies can double the amount of super they have by 75, even if they take time off to retrain.
Your super contributions are set to get a bump from July 1 as the superannuation guarantee increases to 10.5%. Here's what else is changing.
The chair of Spaceship Capital has been banned by ASIC for failing to understand the group's services, after a number of members were assigned to the wrong super product.
Kinship relationships are critical to indigenous cultural identity but are not recognised in superannuation law. A working group is lobbying to change that.
Beyond the typical investments of property and shares, super funds can also invest in art. And one fund is about to sell more than 280 works worth about $9 million.