March 18 (Reuters) - Australia's Federal Court has directed superannuation fund Active Super to pay a penalty of A$10.5 million ($6.70 million) for making misleading claims about its environmental ...
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Judge hands down jaw-dropping penalty to major pension fund for lying to the public: 'Misleading conduct'
In 2023, the Australian Securities and Investments Commission sued Active Super, a superannuation (pension) fund, stating the fund had made misleading claims about its environmental, social, and ...
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