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Regulatory

Mercer Super fined $10.3m for reportable situations failures

Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members."

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Read more: Mercer SuperASICReportable Situations RegimeFederal CourtMercer Superannuation AustraliaJustice ButtonMSALSarah Court