La Trobe has two of three stop orders lifted
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week.
AMP settles class action for $120 million
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million.
Inflation hits highest level in over a year
Inflation has hit its highest annual rate since July 2024, crushing hopes of a September cash rate cut from the RBA.
Aware Super and TelstraSuper sign deal to assess merger
The proposed merger could see more than 1.3 million members gain access to lower fees and more extensive investment options.
Panic selling of SMSF assets ‘totally unnecessary’
Panic selling SMSF assets over concerns around the government's proposed 30% tax on super assets over $3 million is "totally unnecessary" says SMSF Alliance's David Busoli.
Inflation figures point to May rate cut
While the latest CPI data makes a May cash rate cut a near certainty, should Aussies still expect four further cuts from the RBA this year?
‘Less revenue for us’: AustralianSuper on closing multiple accounts
Internal documents from AustralianSuper stated: "It benefits the member by stopping the $1.50 charge on their duplicate account, but for us it means less revenue."
ASIC sues NAB for failing customers in hardship
"We allege NAB unlawfully failed to respond to their customers' appeal for help when they needed them most," ASIC chair Joe Longo said.
ASIC sues Cbus over delayed death and disability payments
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members.
HCF Life’s pre-existing conditions term could mislead public: Federal Court
A 'pre-existing condition' term in certain HCF Life policies was liable to mislead the public, the Federal Court has found.