Pensions Watchdog Investigates Cbus Over High Expense Bills

In a significant move that reverberates through Australia’s financial landscape, the pensions watchdog has initiated an inquiry into Cbus, one of the country's largest industry superannuation funds. This investigation revolves around allegations concerning excessive expense claims submitted by the fund’s administration. The inquiry aims to ensure transparency and accountability within the pension fund management ecosystem, particularly in light of rising scrutiny over financial governance.

Continue reading