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ASIC taken to task for lack of action on industry funds

The corporate regulator has declined to take action against two major industry super funds around potential breaches of disclosure rules, prompting a Liberal senator to question whether regulatory standards need tightening.

by | 20 Jul, 2020

In a hearing of the parliamentary joint committee on corporations and financial services on Wednesday, senator Andrew Bragg questioned the corporate watchdog around two recent potential breaches by Hostplus and Australian Super.

Read more at the ifa. 

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