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AAP
AAP
Business
Jacob Shteyman

EXPLAINED: Boards must take execs to task for bad behaviour asic | Rare Historical Photos

The financial regulator alleges AustralianSuper took too long to assess death benefit claims. (Dean Lewins/AAP PHOTOS)

Australia's biggest retirement fund faces court action after families had to wait years to get their dead relatives' money.

AustralianSuper took between four months and four years to assess at least 6897 death benefit claims, the Australian Securities and Investments Commission alleges.

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