ASIC has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing members to harm. The open letter, signed by ASIC Commissioner Simone Constant, outlines our ...
The corporate regulator says the superannuation sector is failing to detect its members being scammed, and that it is time for a review of scam and fraud controls. In a letter sent to ...
ASIC commissioner Simone Constant said the regulator’s review of the superannuation sector’s scam handling had revealed many funds had shortcomings in scam detection, with some operators ...