MERCER SUPERANNUATION (AUSTRALIA) LIMITED
Location
VICTORIA
Founded
1968-01-23
Website
Risk Signals
37 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Investment Advice, Pension, Health, and Welfare Funds, Trusts, Except Educational, Religious, and Charitable, Business Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about MERCER SUPERANNUATION (AUSTRALIA) LIMITED
Live alerts from global media, monitored by Business Radar
2024-11-28 (natlawreview.com)
AU$12.9M Penalty Highlights Greenwashing Risks in Australia
Australian Update AU$12.9 Million Penalty Imposed on Trustee On 25 September 2024, the Federal Court ordered a large superannuation trustee (Trustee) to pay the highest penalty imposed for greenwashing conduct yet – AU$12.9 million. This comes off the back of the Federal Court in early August this year ordering Mercer Superannuation (Australia) Limited to pay an AU$11.3 million penalty after it admitted it made misleading statements about the sustainable nature and characteristics of some of its superannuation investment options.
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2024-10-04 (eticanews.it)
Vanguard, multa in Australia per greenwashing
The crackdown by the Australian authorities regarding greenwashing practices implemented by financial institutions is enriched by a new chapter. After the fine of […]
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2024-08-02 (mondovisione.com)
ASIC’s First Greenwashing Case Results In Landmark $11.3 Million Penalty For Mercer
<p><span>In a landmark case for ASIC, the Federal Court has ordered Mercer Superannuation (Australia) Limited to pay a $11.3 million penalty after it admitted it made misleading statements about the sustainable nature and characteristics of some of its superannuation investment options.</span></p>
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2023-05-08 (asianinvestor.net)
Weekly Digest: HKMA Exchange Fund results; KIC mulls Asia alts increase
HKMA Exchange Fund's first-quarter gains soar; KIC considers alternatives investing in Asia; NPS benchmarks $1bn to a bespoke real estate index; Temasek looks at investing in Indian jeweller; and more.
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2023-03-29 (lawyersweekly.com.au)
ASIC’s first greenwashing court case + 7 other greenwashing cases
ASIC has started its first lawsuit against greenwashing. Review the key highlights of ASIC’s allegations against a superannuation trustee. Author: Rufina Law, Lawyer and Portfolio Lead – Comme
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(moneymanagement.com.au)
Advance AM to cease direct retail distribution
Advance Asset Management has announced changes to the eligibility criteria for investment in its wholesale unit funds, months after it transitioned to Mercer Australia.
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