ASIC alerts super fund members about large exit feesTUESDAY, 22 MAR 2005 11:35AMA recent review of the extent and nature of superannuation exit fees conducted by ASIC has found at least 550,000 Australians are members of superannuation funds that may charge substantial exit or termination fees when members attempt to move their investments out of theses funds. |
Editor's Choice
IFM raises Atlas Arteria's bid, urges shareholders to accept
|IFM Investors has raised its bid for Atlas Arteria to its maximum consideration of $5.10 per security, calling it the best and final offer in the absence of a competitive offer.
ASIC secures record $300m penalty over 'egregious' CFD misconduct
|The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives.
ASX to pay $23m, admits misrepresentation over CHESS replacement
|ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021.
ACCC approves Magellan, Barrenjoey merger
|The ACCC has greenlit the merger between Magellan Financial Group and Barrenjoey Capital Partners.
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Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
