superannuation schemes

CMSF

Super fraud on the rise

Payment interception by male internal staff in non-management positions represents the biggest risk of fraud for superannuation funds, KPMG’s biennial fraud survey has revealed. The profile was created from a survey of 281 financial services organisations who had detected $372.7m worth of fraud in the last two years. Three quarters of this fraud was committed […]
Insurance

Helping hand for mental health

More than half of all Australian employees are now being offered access to mental health assistance through their superannuation schemes. Superfriend, the charitable organisation established to reduce the rate of suicide in the Australian population, has been front and centre in providing resources to super funds addressing mental health. The organisation recently increased its number […]