ASIC says it will take strong, targeted enforcement action in relation to "member services failures in the super sector".
November 17, 2023ASIC said Vanguard falsely claimed the index it used excluded issuers with significant business activities involving fossil fuels.
July 26, 2023Vanguard had errors in about 8.5 million customer statements and failed to address customer reports of the errors in a timely manner.
June 3, 2023Ads airing in the US are warning Vanguard customers that the asset manager is helping to fuelling the climate crisis.
April 5, 2023Vanguard took 55 business days to file a notice on New Zealand's register about ASIC's enforcement action. The requirement is 5 business days.
March 30, 2023ASIC warns that it will target greenwashing, predatory lending and misleading insurance pricing promises.
February 16, 2023Commissioner Sean Hughes was due to end his five-year term in December but will now stop on 3 February.
January 18, 2023ASIC says Black Mountain Energy made misleading statements in three ASX announcements regarding a natural gas development project.
January 5, 2023The move came a day after a senate committee report was released highlighting the outsized influence of the “Big Three” asset managers towards ESG.
December 14, 2022Vanguard's exclusion was meant to prevent investment in companies that sell tobacco products, but its screen only excluded manufacturers and not sellers.
December 2, 2022