ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

The Federal Court has ordered Squirrel Superannuation Services Pty Ltd to pay a $55,000 penalty for false and misleading marketing regarding investing in residential prop...

Former Queensland financial adviser, Lawrence Toledo, has been convicted and fined $1,500 after pleading guilty to three charges of breaching an Australian Securities and...

ASIC has issued information to crack down on superannuation funds which fall foul of ‘greenwashing’ which it says will remain a priority for its regulatory oversight. ...

ASIC has cancelled the registration of 10 auditors of self-managed superannuation funds who failed to lodge their annual statements....

Members were told an investment partnership with Hostplus would lead to lower investment management fees when 77% of members ended up seeing increased costs....

Westpac has been ordered to pay penalties of $113 million for compliance failures in banking, superannuation, wealth management and insurance....

Superannuation trustees have revised their policies after the Australian Securities and Investments Commission found a lack of oversight and control measures in relation ...

The Australian Securities and Investments Commission has acted against 19 self-managed super fund auditors since July, for breaches of auditing standards, independence re...

The Australian Securities and Investments Commission has extended the relief for superannuation trustees who give their members retirement estimates on a periodic stateme...

Two financial services associations have welcomed the Australian Prudential Regulation Authority’s announcement suspending the proposed insurance policy contract term mea...