Stolen super returned to workers
More than half a billion dollars will be repaid to almost 400,000 Australian workers after 24,000 business admitted to underpaying staff. More than half a billion dollars in unpaid superannuation will be repaid to almost 400,000 Australian workers. Under the Federal Government’s superannuation guarantee amnesty, 24,000 businesses confessed to failing to pay employees their entitlements […]
Australian Prudential Regulation Authority says too many Australians remain in underperforming funds
The prudential regulator has warned too many Australians remain in underperforming super funds and are paying too much to do it. The prudential regulator has warned too many Australians remain in underperforming super funds despite it and the government putting poor nest eggs on notice. In a speech on Monday, Australian Prudential Regulation Authority deputy […]