Opened the debate
Aldred moved a motion noting that superannuation death benefits should be processed without delay, citing ASIC legal action against AustralianSuper for delaying nearly 7,000 claims. Aldred argued that the absence of mandated timeframes allowed funds to delay payouts for up to four years, causing financial loss and distress to beneficiaries. Aldred referenced a Parliamentary Joint Committee recommendation to amend laws so that beneficiaries who perpetrated domestic violence against the deceased are declared invalid. Aldred criticised the government for announcing plans for mandatory service standards in January 2025 but making no progress more than a year later.