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Active Super ordered to pay $10.5M penalty for greenwashing
Greenwashing 2025-03-18 12:16 pm By Julia Kanapathippillai Sydney
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
Active Super says ASIC penalty would fall on ‘poor old members’
Financial Services 2024-12-17 11:33 pm By Cindy Cameronne Sydney
The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members.