At a recent hearing of the House economics committee, deputy chair Andrew Leigh slammed ASIC for “not yet responding” to calls for an investigation from Labor MP Matt Thistlethwaite into the Colonial Super Retirement fund.
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ASIC faces questions on insurance premium hikes
The corporate regulator has responded to calls from the federal opposition to investigate a major retail super fund for hiking life insurance premiums to its members by more than 40 per cent.
