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Regions Australia

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.

By: Australian Financial Review

Nov 20 2024
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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.

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