The registrations of 29 self-managed superannuation fund auditors have been cancelled for failing to lodge annual statements....

A property developer has been charged with fraud for misappropriating funds withdrawn from investors’ super funds and savings accounts to invest in a Queensland developme...

The corporate regulator has issued its first interim stop order on a superannuation product under the design and distribution obligations. ...

AMP Life and AMP Financial Planning have been issued a $24 million penalty by the Federal Court in relation to charging deceased clients for insurance and financial advic...

The Federal Court has ordered MLC Limited pay a $10 million penalty for failing to pay promised benefits, resulting from a lack of appropriate systems to administer its i...

Minister for Financial Services, Stephen Jones, has reiterated his support for the superannuation performance test and explained the importance of cracking down on greenw...

A second superannuation fund has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earl...

ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannua...

A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clien...

ASIC had banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...

ASIC has acted against 11 SMSF auditors for breaches of their obligations, including seven disqualifications. ...