Federal Court orders $925,000 in penalties against RM Capital and SMSF Club for conflicted remuneration breaches

25-313MR

civil penalty19 Dec 2025Penalty $575K

Respondent

RM Capital Pty Ltd

Facts

The Federal Court has ordered Australian financial services licensee RM Capital Pty Ltd to pay a $575,000 penalty and its authorised representative The SMSF Club Pty Ltd to pay a $350,000 penalty over conflicted remuneration breaches.

Outcome

ASIC civil penalty of $575,000 — RM Capital Pty Ltd (2025-12-19); its authorised representative The SMSF Club Pty Ltd was separately ordered to pay $350,000. See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-313mr-federal-court-orders-925-000-in-penalties-against-rm-capital-and-smsf-club-for-conflicted-remuneration-breaches

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