ASIC alleges Mercer Superannuation made misleading statements about investment options that were marketed as suitable for members ‘deeply committed to sustainability’.
March 1, 2023The ASA said the ad was misleading because “it failed to illustrate the risk of investing in NFTs" and "it didn't make clear that fees would apply”.
December 28, 2022Responsible entities and trustees voluntarily took action once ASIC expressed concerns over their funds' marketing materials.
September 12, 2022ASIC is assessing whether fund managers made false or misleading statements or engaged in misleading or deceptive conduct when marketing their funds.
March 24, 2022