Sep 9, 2026 – 2.03pmASIC is pushing for AustralianSuper to pay at least a $30 million fine after the fund admitted it had broken the law by failing to pay out thousands of death benefit claims in a timely manner. Superannuation funds are required to pay death benefits to members’ families as soon as practicable after a death, but laws do not specify a time frame.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles