asic

114 results tagged asic:

Active Super found guilty of greenwashing

Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials.

AFCA to expel Dixon Advisory

The Australian Financial Complaints Authority is set to kick out Dixon Advisory in June, and will no longer accept victim complaints about the company.

Former adviser jailed, permanently banned for defrauding clients

Former Sunshine Coast financial adviser Brett Gordon diverted more than $650,000 of client funds to cover personal debts and expenses.

The most dangerous money trends on TikTok

Telstra shares dip on job cuts news, and the most harmful personal finance trends on TikTok revealed. Here are five things you may have missed this week.

The rise of finfluencers – what you need to know

The social media landscape is awash with finfluencers - amateur 'financial advisers' - claiming to improve financial literacy. But are they really?

ASIC slams banks for failing customers in hardship

Some of the country's largest lenders are failing to provide adequate support to customers struggling to pay their mortgages, ASIC has found.

Financial adviser banned after faking her qualifications

ASIC has slapped a permanent ban on a financial adviser who doctored her exam certificate and continued to provide advice without the proper qualifications.

ASIC sues three blockchain mining companies

ASIC has accused three blockchain mining companies of asking investors to transfer funds from regulated super funds to SMSFs and convert them into cryptocurrency.

ASIC challenges court ruling in Finder Wallet crypto case

ASIC has appealed the Federal Court's decision to dismiss its proceedings against Finder Wallet.

ASIC wins greenwashing case against Vanguard

Vanguard misled investors over ESG screening, the Federal Court has found. This marks the first win for ASIC in a greenwashing proceeding.
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