Live Breaking News & Updates on Path Custodians

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ASIC confirms fees for no service still problematic issue

Despite an “eye-watering” $4.7 billion paid in remediation, ASIC believes fees for no service is still an active issue and has made multiple investigations of alleged incidents. ....

Malcolm Roberts , Joseph Longo , Sarah Court , Commonwealth Bank , Senator Malcolm Roberts , Mercer Financial Advice , Path Custodians , Federal Court ,

ASIC's 2024 Enforcement Priorities In The Superannuation Sector - Keynote Address By ASIC Deputy Chair Sarah Court At The Connexus Super Chair Forum, 1 February 2024

ASIC's 2024 Enforcement Priorities In The Superannuation Sector - Keynote Address By ASIC Deputy Chair Sarah Court At The Connexus Super Chair Forum, 1 February 2024
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Australian Financial Complaints Authority , Financial Services Royal Commission , Royal Commission , Active Super , Mercer Super , Superannuation Industry , Integra Super , Telstra Super , Path Custodians ,

Which firms got a rap on the knuckles in 1H23?

From greenwashing allegations and interim stop orders to fines and penalties, Money Management has rounded up all the disciplinary actions faced by firms in the first half of 2023. ....

New South Wales , Michael Jefferson Dunjey , Justice Stewart Anderson , Disciplinary Panel , Macquarie Group , Coaching Pty Ltd , Vasco Responsible Entity Services , Financial Group , Insignia Financial Ltd , Queensland Limited , Holdings Ltd , Southport Magistrates Court , Bell Financial Group , Commonwealth Bank , Insignia Financial , Pivotal Diversified Fund , Mercer Super , Blend Fund , National Advice Solutions , International Shares Multi , Money Management , Vasco Responsible Entity Services Limited , Stockbroking Ltd , Markets Disciplinary Panel , Price Improvement , Federal Court ,

OnePath fined over MySuper bungle

Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. ....

Margaret Cole , Lindsay Smartt , Commonwealth Consolidated Revenue Fund , Insignia Financial , Onepath Custodians , Path Custodians , Commonwealth Consolidated Revenue ,

Superannuation customers stay in dud funds, with one-in-five 'significantly underperforming'

Hundreds of thousands of superannuation customers are losing out, staying in dud funds with high fees, according to the latest data from the industry's regulator. ....

Margaret Cole , Westpac Group , Super Fund , Retirement Fund , Equity Trustees Superannuation , Westpac Group Plan Mysuper , Australian Prudential Regulation Authority , Energy Industries Superannuation , Energy Industries Superannuation Scheme , Equity Trustees , Australian Catholic Superannuation , Trustees Superannuation , Path Custodians , Group Plan Mysuper , Australian Prudential Regulation Authority ,