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Following on from the news that it would now be home to Spaceship Super, OneSuper will further bolster its funds under management through the transfer of another sub-plan, home to several super products.
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The regulator has taken further action against alleged greenwashing. On Friday, ASIC announced that it has issued an infringement notice to superannuation trustee Diversa Trustees Limited as part of
Professional Super will soon change the way its funds are invested, in a move expected to improve member outcomes. It will also introduce a loyalty program to help members save on fees.
MobiSuper and its licensee will pay a $250,000 penalty for breaching superannuation advice laws while promoting the MobiSuper fund.