April 2, 2025

asic review

Funds

ASIC delivers scathing review into ‘insensitive’ super funds on death benefit insurance claims

Australia’s corporate watchdog has called on superannuation funds to overhaul the way they deal with death benefit insurance claims, noting excessive delays, poor customer service and ineffective claims handling are leaving Australians worse off at some of the most vulnerable times of their lives. The Australian Securities and Investment Commission (ASIC) has called on industry

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