It irritates me to read that people have lost their pension. Surely this should read, the pension fund has lost their pension due to "it safely breach"?
If a bank gets robbed they don't steal my money but the banks right?
Obviously, information at the moment is very light so this understanding may change, but this is the current position.
Most plausible explanation seems to be phishing and scams rather than a technical hack.
https://www.abc.net.au/news/2025-04-04/drt-how-superfunds-we...
The money's gone, and the people that the retirees entrusted with the money, lost it.