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Regulatory

OnePath Custodians fined $11m for MySuper failures

OnePath Custodians is entering a court enforceable undertaking with APRA and will pay close to $11 million, as it continues to identify super members whose contributions weren't directed to a MySuper option when they should have been.

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Read more: APRAMySuperOnePath CustodiansInsignia FinancialMargaret ColeOperational Risk FinancialSIS Act