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Enforcement/asicCWLTH

Three super funds issued infringement notices for misleading investment disclosures

26-212MR

infringement8 Sept 2026Penalty $40K

Respondent

Tetra Servicing Pty Ltd

Facts

ASIC has issued six infringement notices totalling $118,800 to trustees of three superannuation funds after identifying alleged false or misleading representations about their superannuation investment options during a review of disclosures on superannuation trustees’ websites.

Outcome

ASIC infringement notices of $39,600 (two notices) paid — Tetra Servicing Pty Ltd (formerly Telstra Super Pty Ltd) (2026-09-08), for alleged false or misleading representations about superannuation investment options. See the ASIC source for the full terms.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-212mr-three-super-funds-issued-infringement-notices-for-misleading-investment-disclosures

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