Industry superannuation giant Cbus has quietly informed staff that its chief operating officer, Nancy Day, has resigned in just the latest example of the persistent executive turnover that continues ...
Superannuation giant Cbus has called for sweeping financial reforms, warning AI-enabled marketing will create ‘a far more dangerous, automated environment’ for investors. It comes as Financial ...
As of December 6, 2025, the average one-year price target for Cibus is $14.69/share. The forecasts range from a low of $1.62 to a high of $26.25. The average price target represents an increase of 795 ...
Construction sector fund Cbus, which is chaired by Rudd-Gillard era treasurer and ALP president Wayne Swan, was given just 28 days to pay its fine worth tens of millions of dollars. This follows the ...
The fund – which is run by Rudd-Gillard era treasurer and current ALP national president Wayne Swan – was taken to Federal Court by the Australian Securities and Investments Commission via its trustee ...
Industry super fund Cbus, chaired by former treasurer Wayne Swan, has been ordered to pay $23.5m in penalties after taking too long to process thousands of death and disability claims. ASIC first ...
The Federal Court approved penalty, announced on Tuesday, comes a year after the corporate cop sued the super fund’s trustee, United Super, over systemic failures in claims handling processes that ...
ASIC first launched legal action against Cbus’ trustee – United Super – late last year for failing to act “efficiently, honestly and fairly” when handling over 10,000 death benefit and disability ...
Cbus has resolved a dispute with MUFG Retirement Solutions, its administrator, over delays linked to the claims backlog, it added. The penalty lands on top of about A$32 million in compensation ...
Superannuation giant Cbus has been ordered to pay a $23.5 million fine after admitting it breached the law over major delays in its handling of insurance claims. The super fund will also pay $32 ...
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