Is your superannuation with QSuper? You may have been unfairly overcharged.
Shine Lawyers has launched a class action on behalf of thousands of QSuper fund members who were wrongly charged excessive premiums for their life insurance policies.
What is the QSuper Class Action about?
Shine Lawyers allege that QSuper breached their obligations by failing to notify members of important changes to life insurance policy premiums.
The changes related to Occupational Rates and members’ entitlements to elect Standard Rates, White Collar Rates, and Professional Rates. As a result of the alleged failure to sufficiently communicate these changes, thousands of QSuper members:
Were charged significantly more for their life insurance than they should have been; and
Suffered superannuation investment losses.
If you had a QSuper superannuation account from May 2016 or received a payment after 1 July 2016 from a deceased fund member, you may be eligible to join this class action.
Can I join the QSuper Class Action?
To be part of this class action, you must:
- Have held an Accumulation Account with QSuper Fund on 17 May 2016, and been entitled to Standard Rates, White Collar or Professional Rates* (Fund Member);
- Be acting on behalf of a deceased Fund Member;
- Have received payment from a deceased Fund Member at any time after 1 July 2016;
- Have received a transfer from a Fund Member, pursuant to an order or settlement in a Family Law Act 1975 (Cth) proceeding.
If you meet the above criteria, you may be entitled to compensation, and you are encouraged to register your interest in the QSuper Class Action.
How to register for the QSuper Class Action
Who is Shine Lawyers’ Class Action Team?
Shine Lawyers’ Class Action Team includes some of the firm’s most experienced solicitors and support staff. The team includes: