

Major Super Funds Failing Grieving Members, ASIC Finds
ASIC has exposed widespread failings by Australia’s largest superannuation funds, revealing they’ve acted unfairly and insensitively towards grieving members. Not a single trustee reviewed tracked or reported on the full end-to-end process of handling death benefit claims. The review, which included major names like Australian Retirement Trust, HESTA, Hostplus, Rest, AMP, and UniSuper, found systemic delays, poor customer service, and shocking gaps in data and oversight. Key
May 1, 2025
