Adele Ferguson

As more cracks appear in the burgeoning super industry, performance won't take centre stage. The trust gap will.

The Victorian government will become the first state to force retirement village operators to sign up to a mandatory code of conduct as part of a crackdown on the sector that also includes more transparency on how fees are calculated.

Financial advisor Kris Ridgway's life began to unravel in early 2022 when it was discovered he was recommending unlisted shares to his clients. As Ridgway faces up to 15 years jail, his wife Kerrilyn says she's lost her past, and her future.

Former military lawyer David McBride has given an interview to the ABC from the Canberra prison where he is serving a sentence of more than five years for leaking secret military documents to journalists.

ASIC's decision to sue Cbus, alleging systemic claims-handling failures, after lengthy delays in death and disability claims, could be a watershed moment to revisit a sector that sits in a privileged position of looking after Australians' retirement savings with little scrutiny.

ACTU president Michele O'Neil is calling on the government to reform a temporary working visa scheme that prevents workers leaving bad bosses and to blacklist dodgy employers who use migration worker exploitation as a business model.

Retirement village residents and their families have backed calls for tougher regulation of the sector, with one saying contracts should carry a cigarette-style financial health warning and another saying the industry is a "black hole".

Federal Financial Services Minister Stephen Jones says he wants to stamp out bad behaviour by retirement village operators following an ABC investigation that revealed "legalised financial abuse of the elderly" is rife. 

Queensland authorities are probing the fees residents are charged to sell retirement villas, following an ABC investigation into the multi-billion-dollar sector.

No puppies, mandatory medical examinations and hard-to-understand financial consequences. Welcome to life inside some of Australia's retirement villages.