QSuper settles $67 million life insurance class action
QSuper has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums.
ASIC sues Macquarie Securities over ‘misleading conduct’
Macquarie Securities, the broking arm of Macquarie Group, is under fire for allegedly misreporting millions of trades over 14 years.
Death benefit failures exposed grieving families to ‘unnecessary distress’
In one "distressing" complaint, a trustee took more than 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving the loss of her husband.
Why AMP Super added bitcoin to its portfolio
AMP has dared to go where no super fund has gone, investing in bitcoin even as Australia's largest super funds remain unconvinced.
Aussie ETF market hits a record $200 billion
Enthusiasm for global and local equities has seen investors pump billions into exchange traded funds in the last six months.
The big change coming to buying shares
The ASX has announced an update on the replacement of CHESS, the 30-year-old computer system at the core of share trading in Australia.
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.
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.
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.