ASIC sues AustralianSuper over multiple super accounts

Hands of a senior woman holding Australian banknotes of different denomination. Inset (Mr Vindran) Credit: Getty Images

ASIC has commenced civil penalty proceedings against the trustee of Australia’s largest superannuation fund, AustralianSuper, alleging failures to address multiple member accounts. Mr Vindran Vengatasalam who works as an accountant explains more. Program produced by Selvi.

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