Poging GOUD - Vrij
Equity Trustees rapped over the knuckles by ASIC
Financial Standard
|June 30, 2025
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund.
Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading statements about the investments of the Artesian Green and Sustainable Bond Fund. Having paid the notices is not an admission of liability or guilt.
Equity Trustees serves as responsible entity to the fund, which is managed by Artesian Capital Management.
According to ASIC, the fund’s product disclosure statement, target market determination and website all stated that the fund invested in green, sustainable and social corporate bonds issued by companies.
Dit verhaal komt uit de June 30, 2025-editie van Financial Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Standard
Financial Standard
T. Rowe Price stays underweight on Australia, overweight on US
Australian equities are less favoured in the second half of the year, T. Rowe Price said, given the dependency on energy imports and headwinds from the tightening monetary and fiscal policies.
1 min
June 29, 2026
Financial Standard
Praemium dragged into FG saga
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees.
1 mins
June 29, 2026
Financial Standard
HESTA launches new campaign
The super fund is launching ‘Super Saturday’ to help those that are missing out on the advantages of super tax benefits ahead of the end of the financial year.
1 min
June 29, 2026
Financial Standard
Productivity growth is ‘going from bad to worse’: PC
The latest quarterly productivity review released by the Productivity Commission (PC) found growth in hours worked remains strong (0.9% increase over the quarter, 2.2% increase over the year).
1 min
June 29, 2026
Financial Standard
Soul Patts to pocket $1.89bn from Brickworks divestment
Washington H. Soul Pattinson & Co is set to receive $1.89 billion after agreeing to divest its stake in Brickworks’ industrial joint venture property trusts to Goodman Group, freeing up capital for future investment opportunities.
1 mins
June 29, 2026
Financial Standard
Budget changes could drive SMSF adoption: FAAA
The Financial Advice Association Australia (FAAA) has warned the government's proposed capitals gains tax (CGT) and negative gearing reforms could unintentionally drive Australians towards self-managed super funds (SMSFs) as a vehicle for residential property investment, exposing consumers to heightened risks.
1 mins
June 29, 2026
Financial Standard
SpaceX IPO launches
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.
1 min
June 29, 2026
Financial Standard
Aware Super sells majority stake in water portfolio
Aware Super has announced the sale of a majority portion of its Australian water portfolio with the strategic divestment of 83 gigalitres of water entitlements from the southern Murray-Darling Basin.
1 mins
June 29, 2026
Financial Standard
FCA pursues Neil Woodford again
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.
1 min
June 29, 2026
Financial Standard
Passive ETFs continue to dominate
The latest analysis from Betashares indicates index ETFs continue to drive the expansion of Australia's ETF industry.
1 mins
June 29, 2026
Listen
Translate
Change font size