Category : Search result: Superannuation fund collapse


Future Fund CEO questioned over $20k hotel bill

Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay during a US trip. Watch the video for the full exchange and details on the fund's expense policies.

Chad Townsend Exposes Realities of NRL Player Pay

NRL premiership winner Chad Townsend breaks down his contract, revealing how superannuation and fees reduce salaries. Discover the unseen financial realities for rugby league stars.

UK-EU Defence Fund Talks Collapse Over €6bn Fee

Keir Starmer's bid to reset UK-EU relations suffers a major setback as negotiations to join the €150bn Safe defence fund collapse over a multi-billion euro entry fee. Discover the implications for British defence firms.

Norfolk village homes collapsing into sea

Hemsby residents watch their properties vanish as coastal erosion accelerates. Meet the retirees who bought doomed cliffside homes despite the clear danger.

Norway Wealth Fund Rejects Musk's £44bn Tesla Pay Deal

In a dramatic shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package, dealing a significant blow to the Tesla CEO ahead of the company's annual meeting.

Ancient Roman Tower Collapses Near Imperial Forums

A significant portion of Rome's medieval Torre dei Conti has collapsed near the Imperial Forums, raising urgent questions about Italy's cultural heritage preservation. Emergency services are securing the area as investigations begin.

First Guardian and Master Trust Create UK Pension Giant

In a landmark move for UK retirement security, First Guardian and the Master Trust join forces to create Britain's biggest pension consolidation fund, promising enhanced returns and stability for millions of members.

HSBC sued for £1bn over Madoff fund collapse

Global banking giant HSBC confronts massive legal action from investors who lost millions in Luxembourg-based fund Herald Luxembourgh, connected to Bernie Madoff's Ponzi scheme.

Manchester Building Collapse Sparks Mass Evacuation

Emergency services have launched a major operation in Manchester city centre after a building partially collapsed, forcing evacuations and road closures as structural engineers assess the safety of the area.

Australian Superannuation Balances Hit Record High

Australian workers' retirement savings have hit unprecedented levels, with average super balances reaching new heights. Discover how this financial milestone impacts your golden years and what challenges lie ahead.

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