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asic
108 results tagged asic:
Under fire: ASIC allegations rock Choosi
When shoppers used Choosi to compare life and funeral insurance, they thought they were choosing between leading companies. But according to ASIC, they were really picking between policies underwritten by a single provider.
The unusual bargains at Sydney Airport’s lost property auction
Forgotten golf clubs, alcohol and a lot of tech up are for grabs at the Sydney Airport's lost property auction. Here's what you've missed this week.
ASIC sues Macquarie Securities over ‘misleading conduct’
Macquarie Securities, the broking arm of Macquarie Group, is under fire for allegedly misreporting millions of trades over 14 years.
Why Australia needs better crypto regulation
While it is continuing to become a mainstream asset class for investors, Australia is lagging behind on cryptocurrency
Death benefit failures exposed grieving families to ‘unnecessary distress’
In one "distressing" complaint, a trustee took more than 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving the loss of her husband.
Australia has a new super fund – Boomers need not apply
The new super fund that excludes Boomers, home owners pocket record profits, and Big 4 bank launches low rate offer for refinancers. Here are five things you may have missed this week.
Active Super fined $10.5m for greenwashing
Active Super has been fined $10.5 million for falsely claiming it avoided investments in gambling, coal mining, oil tar sands, and Russian companies since the invasion of Ukraine.
AustralianSuper sued over death benefit delays
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout.
‘Less revenue for us’: AustralianSuper on closing multiple accounts
Internal documents from AustralianSuper stated: "It benefits the member by stopping the $1.50 charge on their duplicate account, but for us it means less revenue."
ASIC turns up the heat on private markets
ASIC is setting its sights on the private markets sector, flagging it will pay particular attention to the surging popularity of opaque private debt investments.
Money Newsletter
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