Future Super has been handed an infringement notice by ASIC over a Facebook post that implied all its funds under management had been invested in fossil fuels prior to transitioning to Future Super.
ASIC has announced it has fined Future Super $13,320 over a misleading Facebook post as the regulator continues its crackdown on greenwashing by superfunds.
<p><span>ASIC has issued an infringement notice to superannuation fund promoter, Future Super Investment Services Pty Ltd (Future Super), in further action against alleged greenwashing. </span></p>
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