Senator calls for ‘heads on spikes’ to deter superannuation mismanagement
Lisa Rogers, 63, transferred half of her retirement fund across to First Guardian Master Fund and Shield Master…
ANZ faces record $240m penalty for ripping off customers and government
ANZ bank faces a record $240 million penalty for engaging in “unconscionable conduct” in some of its bond…
Clive Palmer’s human rights complaint referred to Supreme Court amid ongoing legal battles
Billionaire businessman Clive Palmer’s human rights complaint has been referred to the Supreme Court amid ongoing legal battles.…
How superannuation death benefit nominations work and what to watch out for
At least 6.5 million Australians will not have a say in who inherits their superannuation, according to new…
Millions of Australians will have no say in who inherits their superannuation
When Kelly’s ex-husband, Tony, died at the end of 2022, she thought their son, Zac, would get the…
Man at centre of NDIS property scheme accused of lavish spending despite having assets frozen by Federal Court
The Gold Coast businessman accused of gambling tens of millions of dollars earmarked to build homes for the…
New Zealand authorities issue warning over David Sevelle’s ‘Lightweb’ internet scheme
A New Zealand government authority has issued a warning about an “ethical” internet scheme founded by an Australian…
‘Systemic failure by Mercer Super,’ ASIC alleges, as it takes $70b fund to court
Australia’s corporate watchdog has launched legal action against superannuation giant Mercer, alleging the fund failed to report serious…
ASX faces losing virtual monopoly as TPG bungle adds to a decade of woes
There’s a limit to tolerance. Just ask Helen Lofthouse, the chief executive of ASX Ltd, the company that…
Identity of NSW man behind $19m ‘ethical’ internet scheme horrifies customers
It was pitched as the opposite of the dark web, an “ethical” version of the internet, raising as…
Thousands of Australians are set to receive bank refunds. Here’s what to know
More than 800,000 banking customers are eligible for refunds totalling $60 million. It comes after a review of…
Westpac, ANZ, Bendigo Bank’s $60 million cash boost for Centrelink recipients over account fee scandal
Several major banks will be refunding $60 million worth of fees that were unfairly charged to low-income customers.…