HESTA trustee pays infringement notices for misleading marketing
10 November 2023
ASIC has taken action against H.E.S.T. Australia Limited (HESTA), the trustee of HESTA superannuation fund, for alleged false or misleading statements made in their marketing material.
ASIC takes civil penalty action against Telstra Super
6 November 2023
ASIC has commenced civil penalty proceedings in the Federal Court alleging Telstra Super failed to comply with internal dispute resolution requirements.
ASIC proposes to temporarily extend relief from disclosure and reporting consistency obligations for super trustee
6 November 2023
ASIC proposes to extend the exemption from the consistency obligations in ASIC Class Order [CO 14/541] for two years.
ASIC and APRA release notes on fifth Superannuation CEO Roundtable
20 October 2023
The event focused on sustainable finance disclosures and the Retirement Income Covenant which was held on Wednesday 27 September 2023.
ASIC remains focused on improving superannuation outcomes for members
4 October 2023
ASIC recently released its Corporate Plan for 2023–27, with a focus on FY 2023–24. Jane Eccleston - Senior Executive Leader, Superannuation and Life Insurance, details the regulator’s priorities in superannuation for the year ahead.
ASIC and APRA commence joint administration of the new Financial Accountability Regime
3 October 2023
ASIC and APRA have published an information package to support the financial services industry in implementing the Financial Accountability Regime.