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Showing 1 - 10 of 834 results for CBUS

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... chair and senior management. APRA's action came amid scrutiny of governance failings, including an independent review of Cbus, which found scant evidence of its relationship with the Construction, Forestry, and Maritime Employees Union (CFMEU) being ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... over 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving the loss of her husband. Cbus and AustralianSuper were headliners in this department. Cbus paid a nearly $24 million fine for the lengthy delay of death ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... Highlighting major enforcement actions, he cited penalties against ANZ, Westpac and proceedings involving AustralianSuper, Cbus and the ASX as evidence of ASIC's willingness to pursue large institutions and systematic misconduct. However, Longo warned ...

Cbus pushes for lead generator ban

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
Cbus Super has renewed calls for a ban on superannuation lead generation activity, warning sophisticated digital marketing tactics are increasingly being used to pressure Australians into switching retirement savings into higher risk and less regulated ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... and 'highly recommended' for both funds respectively. The other part of the equation is who invests in these funds. Cbus head of debt and alternatives Linda Cunningham says over the last five years there has been a rise in packaging up and selling ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... in early 2025, forced to take action on widespread administration and back-office practices. One high profile example is Cbus paying a nearly $24 million fine for the lengthy delay of death benefit payments. The government now wants all super funds to ...

Rest strengthens data and tax leadership with new hires

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
... oversee Rest's tax governance and compliance framework and report to chief financial officer John O'Sullivan. Peace joins from Cbus Super, where she served as head of group tax. She previously held a director role in the superannuation tax practice at ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
... the biggest assets many of us accumulate in our lifetimes - the people talking about it should be appropriately qualified." Cbus chief executive Kristian Fok welcomed Longo's call and said business models that combine high-pressure sales tactics and ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... premiums comes as many other super funds are increasing theirs significantly in response to increased claims. AustralianSuper, Cbus and Commonwealth Super Corporation have all increased their premiums, some by more than 40%, in response to a surge in ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ...
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