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Showing 1 - 10 of 104 results for "greenwashing"

Nine in 10 advisers concerned about greenwashing: RIAA

RIDDHIMA TALWANI  |  MONDAY, 7 SEP 2026
... survey by the Responsible Investment Association Australia (RIAA) found that 94% of advisers have concerns about greenwashing or misleading sustainability claims made by investment products. RIAA's survey spoke with Australian-based individual financial ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
... slipped nearly 30% in the 12 months to June end compared to FY25 due to ASIC's penalty of $7.3 million imposed for greenwashing. Fiducian chair Inderjit Singh said excluding the non-recurring item, the group has maintained positive momentum across all ...

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
... governance weaknesses identified in platform trustees," Cole said. Separately, Fiducian will pay ASIC a $7.3 million greenwashing penalty. ASIC found Fiducian made false and misleading statements about the socially responsible and ethical nature of its ...

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
Fiducian Group will pay $7.3 million for making false and misleading statements about the socially responsible and ethical nature of its Diversified Social Aspirations Fund (DSAF). Subsidiary Fiducian Investment Management Services (FIMS) entered into ...

UniSuper faces fresh greenwashing allegation

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026
... Notice ahead of the changes being made." The EDO and Dixon are calling on ASIC to investigate UniSuper for potential greenwashing and misleading and deceptive conduct in the same way it did Vanguard Australia, Mercer Super, and Active Super. They also ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... in assets, up from $5.6 billion from the prior corresponding period. Last October, ASIC sued Fiducian for alleged greenwashing and failing to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund (DASF) in relation ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... The extra conditions follow action against HESTA by ASIC last month, in which the super fund was fined $40,000 for greenwashing. ASIC said between 15 April 2021 to 18 December 2024, HESTA placed paid advertisements on the Google and Bing search platforms ...

Super funds a "standout" in risk and compliance hiring: Kaizen

RIDDHIMA TALWANI  |  MONDAY, 10 NOV 2025
... operational risk/compliance (e.g., member benefits, cyber, intra-fund advice) and regulatory/marketing roles post-greenwashing and disclosure reforms," the report read. A risk and compliance analyst with around one to three years of experience can expect ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... made, we ensure that the product is not misrepresenting itself." Corporate regulator ASIC has been on the warpath on greenwashing. The most recent examples are HESTA and Prime Super. They are part of a growing list of super funds, like Vanguard and Active ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... report. ASIC has previously issued infringement notices to other licensees in response to concerns about alleged greenwashing including against Morningstar, Future Super, Diversa Trustees, Northern Trust Asset Management and Melbourne Securities, between ...
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