ESSSuper takes Iress to court claiming tax mistakes cost it members

The ASX-listed software firm allegedly gave the Australian Taxation Office the wrong information about its $37 billion superannuation fund client.

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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The Emergency Services Superannuation Board, an industry pension fund, has accused Iress of causing it to lose members after a software error sent the wrong information to tax officials, and it says the ASX-listed technology group repeatedly breached its contractual obligations. The fund, known as ESSSuper, is suing Iress in the Federal Court.

Iress, founded in 1993 and listed on the ASX in 2000, provides software for financial advisers, along with trade order management products and registry services for superannuation funds. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.



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