A failure by one of Australia's largest superannuation funds to disclose issues to ASIC, including incorrect insurance refunds for dead members, has resulted in Federal Court action.
The Australian Securities and Investments Commission is suing corporate super fund Mercer Superannuation in the watchdog's first legal action against alleged greenwashing.
With all the rhetoric surrounding the current Federal industrial relations changes it is intersting that a study by HR group Mercer suggests that employers are being increasingly flexible in what they offer their employees.
