Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper

Federal Court imposes $4m penalty on industry fund

The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: ASICStatewide SuperJustice BesankoSarah Court