3min chapter

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Big super reckoning: Are Australians losing faith in the system?

The Fin

CHAPTER

Legal Challenges and Accountability in the Super Fund Sector

This chapter examines the lawsuit against CBUS, an Australian super fund managing $94 billion, for its alleged delays in processing insurance claims for bereaved and disabled members. The discussion delves into the implications of the case on the superannuation industry and emphasizes the importance of accountability during critical moments for fund members.

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