Enforcement/asicCWLTH

Federal Court Orders Australian Unity Funds Management To Pay 7 Million Penalty For Failing To Confirm Product Suitability For Investors

civil penalty1 Jan 2026

Facts

ASIC media release 26-011: Mr Federal Court Orders Australian Unity Funds Management To Pay 7 Million Penalty For Failing To Confirm Product Suitability For Investors. Sourced from ASIC newsroom — see source URL for the full release.

Outcome

See ASIC media release 26-011 for outcome.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-011mr-federal-court-orders-australian-unity-funds-management-to-pay-7-million-penalty-for-failing-to-confirm-product-suitability-for-investors/

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