this post was submitted on 18 Apr 2025
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AusFinance

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One of Australia's biggest super funds [HESTA] is freezing services until June (www.abc.net.au)
submitted 2 months ago by MHLoppy@fedia.io to c/ausfinance@aussie.zone
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In short:

Members of HESTA will be unable to access most services until June, as the superannuation fund undertakes a planned outage to change its administration provider.

Advocacy group Super Consumers Australia says members are "rightly worried" about the lack of services, which follows recent market volatility.

HESTA has more than 1.05 million members and around $88 billion in funds under management, making it one of Australia's largest funds.

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[โ€“] PeelerSheila@aussie.zone 2 points 2 months ago

If they're not processing contributions, maybe I should tell the boss to just hang on to the money for a few months until this process is finished? ๐Ÿค”