Our super system has a new blind spot, and it could cost you thousands

πŸ‡¦πŸ‡Ί The Sydney Morning Herald (AU) —
Our super system has a new blind spot, and it could cost you thousands

AI Summary

ASIC released a report revealing significant gaps in the security of retirement funds managed by major platforms in Australia, raising concerns over potential financial losses for members. The findings highlight weaknesses in safeguarding retirement savings.

ASIC has just released a report that found some serious gaps in the way our major platforms are safeguarding members’ retirement funds.

Security Politics Markets ASIC report retirement funds platform security financial oversight Australia

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