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Showing 21 - 30 of 208 results for "ASIC"

APRA flags governance concerns at HESTA

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025  |  NEWS
... identified so we can better support our members now and into the future." The extra conditions follow action against HESTA by ASIC last month, in which the super fund was fined $40,000 for greenwashing. ASIC said between 15 April 2021 to 18 December ...

Super moves: Future Fund, Bupa, QIC, HESTA, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025  |  NEWS
... joins from IBM Promontory, where he covered regulatory remediation, data-led strategy, and AI-driven innovation for APRA-, ASIC-, and AUSTRAC-regulated clients. Shinkarsky's previous experience includes Oliver Wyman, where he ran Basel II AIRB and ...

False exclusion claims see Prime Super fined

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025  |  NEWS
... after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements made in its 2023 annual report. The fund ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ...

Podcast: Transparency and ESG in private credit

THE GREENER WAY  |  MONDAY, 6 OCT 2025  |  NEWS
Criticisms of private credit are typically focused on its opaque nature; as a recent ASIC report pointed out, transparency is scarce. As an ESG-led manager, Woodbridge Capital believes there's nothing more important than transparency - and that investors ...

Fiducian sued for greenwashing in ESG fund

ELIZA BAVIN  |  MONDAY, 6 OCT 2025  |  NEWS
ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ...

ASX-listed miner to pay $7.5m over whistleblower breaches

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025  |  NEWS
ASIC has landed its first scalp in relation to whistleblower protections, with TerraCom Limited paying $7.5 million for whistleblower victimisation. In what was the regulator's first outcome for contraventions of whistleblower provisions, TerraCom ...

Macquarie remuneration report hit with first strike

KARREN VERGARA  |  MONDAY, 28 JUL 2025  |  NEWS
... "risk shortcomings" are not adequately addressed in the remuneration report. The group has been under intense scrutiny from ASIC in recent years. More recently, ASIC is suing Macquarie Securities, the broking arm, for repeated and systemic misleading ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025  |  NEWS
... Rainmaker Information this week. The report found that Picture Wealth has signed 42 advisers in the past 12 months, based on ASIC data. David Pettit, co-founder of Picture Wealth, said that there's more room for growth in the financial planning sector. ...

Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
... guilt. Equity Trustees serves as responsible entity to the fund, which is managed by Artesian Capital Management. According to ASIC, the fund's product disclosure statement, target market determination and website all stated that the fund invested ...