📰 News Alert:
🔖 Title: 'Impacted my life': Australian Super member says delays in claim almost left him homeless
🗓️ Published: Thu, 13 Mar 2025 02:50:40 +0000
📄 Summary: 1. The main economic impact is the warning issued by ASIC to super funds regarding delays in processing death and disability payments, highlighting potential issues in the industry.
2. The key statistic is the complaint from an Australian Super member about delays in processing an insurance claim for disability-related payments, indicating a specific case of concern.
3. The future implication is that super funds may face increased scrutiny and pressure to improve their processing times for death and disability payments to avoid regulatory action.
🗞️ Source: Just In
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