Super industry hit with long list of actions in landmark death benefit claims handling report
31 March 2025
ASIC has handed down 34 recommendations to superannuation trustees, with its report into death benefit claims handling revealing the devastating impacts that poor industry practices can have on grieving Australians.
Read the release
Read the report
Active Super ordered to pay $10.5 million penalty in ASIC’s third greenwashing court action
18 March 2025
The Federal Court today imposed a penalty of $10.5 million against Active Super for greenwashing misconduct.
Read the release
ASIC sues AustralianSuper alleging significant death benefit claims failures
12 March 2025
ASIC is suing AustralianSuper Pty Ltd, the trustee of Australia’s largest superannuation fund, over delayed processing of nearly 7,000 death benefit claims, according to proceedings filed in the Federal Court.
Read the release
Advancing Australia’s regulatory roadmap for public and private capital markets
26 February 2025
ASIC has announced its preliminary views on the opportunities and risks emerging from shifts in public and private capital markets and called for feedback and debate on key questions as part of a discussion paper launched today.
Read the release
Read the discussion paper
AustralianSuper fined $27 million after ASIC investigation into failing to merge multiple superannuation accounts
21 February 2025
AustralianSuper, the trustee of Australia’s largest superannuation fund, will pay a $27 million penalty after the Federal Court today found that it failed to merge multiple member accounts.
Read the release
Delivering a step-change in superannuation
30 January 2025
Joint keynote speech by ASIC Commissioner Simone Constant at the Conexus Financial Super Chair Forum.
Read the speech
ASIC calls out superannuation trustees for weak scam and fraud practices
30 January 2025
ASIC has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing members to harm.
Read the release
