11-03-2025
Australia regulator takes largest pension fund to court over death benefit claims delay
March 12 (Reuters) - The Australian securities watchdog is taking the country's largest pension fund, AustralianSuper, to court, claiming it delayed processing of about 7,000 death benefit claims for a period of over five years.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
Reporting by Rishav Chatterjee in Bengaluru; Editing by Mohammed Safi Shamsi