Money magazine Comments - AustralianSuper sued over death benefit delays Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. https://www.moneymag.com.au/feed/latest?story=179807848 Wed, 12 Mar 2025 16:51:07 +1100 Wed, 12 Mar 2025 16:51:07 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - AustralianSuper sued over death benefit delays https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Al Wallace ()

What about CBUS

They are just as pathetic

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]]> Al Wallace () Wed, 12 Mar 2025 16:51:07 +1100 Comment by Chris Hooper ()

To late now I assume however post banking commission I was compensated via Colonial First State with ??? $3500 for potentially 20 years of hidden fees. I estimate this compensation should have been closer to $30 000. Not on topic but hoping for a response re any related similar issues from others

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]]> Chris Hooper () Wed, 12 Mar 2025 17:43:08 +1100 Comment by Bryan Macpherson ()

Unfortunately, these fines will effectively be paid by the same members they aim to protect. Yes - time to "compare the two" and get out of these industry funds.

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]]> Bryan Macpherson () Thu, 13 Mar 2025 21:16:04 +1100