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Showing 11 - 20 of 71 results for "Super Consumers Australia"

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... trust, noting this recent attack wasn't just an attack on individual funds but the whole system. Super Consumers Australia (SCA) also condemned the superannuation industry's handling of cybersecurity, describing the recent attacks as "shocking ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... insurance cover through their superannuation that they don't know about or understand, according to Super Consumers Australia (SCA). SCA found that 19% of people are unsure whether they have insurance in their super and a further 9% don't know what their ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... claims were experienced, saying this regrettably added to the distress of members and their families. Super Consumers Australia chief executive Xavier O'Halloran said Cbus wasn't expected to be an isolated incident, citing complaints lodged with ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
Super Consumers Australia (SCA) has unveiled new savings targets to help Australians work out how much they'll need to save for a lengthy retirement, provided they own their home outright. For single retirees aged 65 planning to spend at a "mid-level" ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... the likely objectives, financial situation and needs of all members." In 2023, MYOB was called out by Super Consumers Australia for allegedly funnelling people into Slate Super via its FlareHR subsidiary, apparently featuring Slate Super prominently ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results. The consumer advocate reviewed the country's largest super ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... by governments, regulators, and union organisations to eradicate such criminal behaviour," he said. Super Consumers Australia Xavier O'Halloran said it's premature to be making calls about the HAFF and the involvement of Cbus. "We support the ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... tensions and ensure compliance with regulatory standards while broader issues are resolved. Separately, Super Consumers Australia director Xavier O'Halloran said that consumers expect their savings to be managed by individuals who are fit and proper ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... expectations of members, or we will hold you to account'." Following the release of the report, Super Consumers Australia director Xavier O'Halloran said: "It's appalling that some funds are not closely monitoring fees and deductions from ...

CSLR chief executive named

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... director. Rickard also sits on the Australian Financial Complaints Authority (AFCA) board as well as that of Super Consumers Australia, Financial Counselling Australia, and the Ecstra Foundation. In her executive career, she held senior roles with the ...