Category: Regulatory Updates

Regulatory update – 14 March

  Australian Securities and Investments Commission ASIC alleges AustralianSuper has failed to act efficiently, honestly and fairly with death benefits. ASIC alleges that AustralianSuper took 15 to 213 days to provide claim forms in 254 cases between July 2019 and October 2024. Read More Here. New guidance on student loans.  ASIC has updated the Regulatory Guide  209 […]

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Regulatory Update 28 Februrary 2025

  Australian Securities and Investments Commission Australian Super facing penalties for not merging super accounts. AustralianSuper is facing a $27 million penalty for failing to comply with 108A of the Superannuation Industry(Supervision)(SIS)  Act 1993 by failing to merge multiple member accounts. Read More Here.  Penalties for former Star Entertainment Staff. Former Chief Executive Gregory Hawkins and Chief Financial Officer […]

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Regulatory Update 31 January 2025

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Regulatory Update 17 January 2025

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