{
HESTA

Companies

}
001122334455554433221100
001122334455554433221100

pension fund to repay members over unfair asset valuation practices

HESTA, one of Australia"s largest pension funds with A$88 billion in assets, will repay over 100,000 members after the Australian Prudential Regulation Authority found unfair asset valuation practices. The fund failed to reprice unlisted assets consistently, leaving members disadvantaged during the Covid-19 pandemic.
bloomberg.com
Australian Dollar United States Dollar HESTA AUS
Finance & Economy, News Article
05:18 19.11.2024
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