The Federal Court has ordered MLC Limited pay a $10 million penalty for failing to pay promised benefits, resulting from a lack of appropriate systems to administer its i...

Minister for Financial Services, Stephen Jones, has reiterated his support for the superannuation performance test and explained the importance of cracking down on greenw...

A second superannuation fund has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earl...

ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannua...

A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clien...

ASIC had banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...

ASIC has acted against 11 SMSF auditors for breaches of their obligations, including seven disqualifications. ...

ASIC has issued a warning to trustees of MySuper funds which twice failed the performance test that they need to be more member-centric in their communications....

A ban on Jeneve Matai, head of advice for the superannuation team at National Advice Solutions, has been refused by the Administrative Appeals Tribunal. ...

The corporate regulator has reiterated its commitment to addressing greenwashing in the superannuation industry since launching court action against Mercer Super last mon...

Superannuation trustees have been urged to “commit to a thorough analysis” of their life insurance offerings following an ASIC review....