Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations

The prudential regulator said the industry super fund’s deficient procedures left members worse off, including one who was down $17,000 as a result.

Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations

Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations

Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations

Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations

Industry superannuation fund: APRA orders HESTA to repay 120,000-plus members after slow unlisted asset valuations