Business
ASIC sues REST Super for misleading conduct – The Australian Financial Review
The corporate watchdog has accused the $60 billion industry fund of misleading and deceptive conduct, alleging it tried to stop members transferring their savings…
REST also told members that if their employer was happy to contribute to their new fund, they would need a signed declaration giving consent to the move and evidence that contributions to REST had ceased, ASIC alleges.
The super fund, which is backed by the Shop, Distributive and Allied Employees Association, also told members they needed to obtain a separation certificate or proof of employment termination from their employer if they wanted to transfer their balance to another fund.
Each of these…
-
Noosa News21 hours agoFervor Wines label started during pandemic keeps father and son close
-
Business23 hours agoThese ASX 200 shares could rise 15% to 20%
-
Business22 hours agoEvery ASX 200 sector closed in the red last week. Here’s why
-
Business24 hours agoBuy NDQ ETF and these popular funds with $5,000