One of Australia's biggest super funds [HESTA] is freezing services until June (www.abc.net.au)

submitted 2 months ago by [email protected] to c/[email protected]

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In short:

Members of HESTA will be unable to access most services until June, as the superannuation fund undertakes a planned outage to change its administration provider.

Advocacy group Super Consumers Australia says members are "rightly worried" about the lack of services, which follows recent market volatility.

HESTA has more than 1.05 million members and around $88 billion in funds under management, making it one of Australia's largest funds.

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[-] [email protected] 3 points 2 months ago

This is ridiculous and should not just be a class action. There should be prosecutions for inadequate measures to protect people's assets.

The assets are bigger than most people's bank account balance, so why aren't they able to at least be as good as those shit apps and access.

this post was submitted on 18 Apr 2025

8 points (100.0% liked)

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