AustralianSuper sued over $69m in fees wrongly charged to multiple accounts

Corporate regulator ASIC is suing Australian Super alleging it failed to merge multiple member and continued to charge multiple fees and insurance premiums. ASIC deputy chair Sarah Court alleges AustralianSuper knew about the problem in 2018 but only began to act in late 2021. Reporter: Peter Ryan, Senior Business Correspondent Featured: Sarah Court, ASIC deputy chairman